In the US, many altcoin ETFs besides Bitcoin and Ethereum were launched in the final months of 2025.
These include many important altcoins such as Solana (SOL), XRP, and Dogecoin (DOGE), while the SEC has many more ETFs under review.
While the SEC process continues, the agency has postponed its decision regarding the T. Rowe Price and Canary Pengu ETFs.
Accordingly, the SEC announced on January 12 that it had extended the decision period for T. Rowe Price’s active crypto ETF and Canary’s Pudgy Penguins (PENGU) spot ETF under procedure 19b-4 for changes to exchange rules.
The SEC announced it will allow up to an additional 45 days to review these ETFs.
T. Rowe Price’s active cryptocurrency ETF is a product that allows investment in a diversified basket of digital assets beyond Bitcoin and Ethereum.
According to experts, the recent delays in ETF evaluations do not signify a final decision, but rather indicate that the SEC needs more time to assess products other than Bitcoin and Ethereum.
Apart from this ETF postponement decision, the SEC also announced that it has begun soliciting public comments regarding the listing of options for the Grayscale CoinDesk Crypto5 ETF, which tracks Bitcoin, Ethereum, XRP, Solana, and Cardano (ADA).
*This is not investment advice.