XRP News Today: SEC Delays 21Shares Polkadot ETF Decision Until 2025 Polkadot Price Surges 8.55%

The U.S. Securities and Exchange Commission (SEC) has delayed its decision on the 21Shares Polkadot (DOT) Spot Exchange-Traded Fund (ETF) until November 8, 2025. This postponement, initially expected by June 24, 2025, reflects the SEC's cautious approach towards cryptocurrency ETFs as it continues to assess the risks associated with digital assets. The delay is part of a broader pattern seen with other cryptocurrency ETFs, including Grayscale’s Polkadot ETF application, which was also extended for further scrutiny.

This trend is not limited to Polkadot; other altcoins such as XRP, Litecoin (LTC), Solana (SOL), and Dogecoin (DOGE) have also experienced delays in ETF approval. The SEC has extended the review periods for several crypto ETFs to allow for more time for public comments and evaluations. Despite the delay, analysts remain optimistic about the approval of the 21Shares Polkadot ETF. According to analysts, the odds of approval for many cryptocurrency ETFs, including Polkadot, are “90% or higher.” This optimism is based on strong engagement from the SEC, which is seen as a positive sign for the future of these financial products.

Interestingly, Polkadot’s price surged by over 8% in the last 24 hours, despite the uncertainty surrounding the SEC’s decision. This price increase follows a slight easing of geopolitical tensions in the Middle East, notably between Iran and Israel. The cooling of tensions in the region has led to a positive market sentiment, which may have contributed to Polkadot’s rally. Meanwhile, there is also speculation that memecoin ETFs, such as those linked to tokens like Dogecoin (DOGE) and Shiba Inu (SHIB), could emerge in 2026. As the SEC evaluates these products, it will continue to weigh concerns related to market manipulation, volatility, and investor protection.

The delay in the SEC's decision on the 21Shares Spot Polkadot ETF could affect institutional access to DOT. Immediate market optimism is reflected in an 8.55% price increase. The SEC, as the primary regulatory authority, has not released individual comments on the decision. Hany Rashwan and Ophelia Snyder of 21Shares have similarly not issued statements regarding this delay, maintaining focus on regulatory filings. The delay's impact extends mainly to the Polkadot market, with DOT recording an 8.55% increase shortly after the news. While the price behavior indicates sustained confidence, larger market dynamics remain unaffected at the moment.

Analysts suggest a high probability of eventual approval, which could open greater institutional and retail access to Polkadot. Historical trends show previous SEC delays often result in eventual product approval, maintaining market participant optimism. Industry watchers will closely monitor regulatory developments, as similar ETF applications for SOL, XRP, and other assets undergo the SEC review process. Broader market implications depend on SEC policy shifts towards crypto investments.