尽管有差异，但投资者一直在等待XRP和Polkadot ETF（交易所交易基金）的推出，该基金已被推迟了几个月。

尽管有差异，但投资者一直在等待XRP和Polkadot ETF（交易所交易基金）的推出，该基金已被推迟了几个月。

Despite their differences, investors have been eagerly awaiting the launch of the XRP and Polkadot ETF (Exchange-Traded Fund), which has been delayed for months. The first spot ETF launch was of Bitcoin (BTC), followed by Ethereum (ETH), and now the wait is for the next crypto ETF launch. Interestingly, despite the constant SEC delays, the investors’ optimism is high. Let’s discuss which one would get approved first.Solana ETF Delayed, XRP and Polkadot ETF Next in LineThe US Securities and Exchange Commission (SEC) has now delayed its decision on Grayscale’s spot Solana ETF until late 2025. Before this, they had also delayed and pushed back their decision on the Litecoin exchange-traded fund. Now, the next ones in line are the spot XRP and Polkadot ETF, which are potentially getting approved in June.Crypto spot ETFs are the most bullish factors in the market. Bitcoin and Ethereum have witnessed a significant rally with the performance of their launched spot exchange-traded fund, and the same is anticipated for other approvals. As a result, the demand for other launches is higher.XRP vs Polkadot ETF: Filing, Polymarket Odds & MoreAfter the delays on Solana and Litecoin, the next dates are for the spot XRP and Polkadot exchange-traded fund. According to the SEC’s court filing, they will make a decision on the Grayscale Polkadot ETF by June 11 and 21Shares one on June 24. In the same month, they will present the decision on Franklin Templeton’s spot XRP ETF on June 17. As both cryptocurrencies are among the top altcoins of the market, the hype is high. The Polymarket data show investors have 80% votes in favor of Ripple ETF approval by 2025 end and 41% odds by the end of July.

尽管有所不同，但投资者一直在急切地等待XRP和Polkadot ETF（交易所交易基金）的推出，该公司已被推迟了几个月。 ETF的第一个位置是比特币（BTC），其次是以太坊（ETH），现在等待是下一个加密ETF发布。有趣的是，尽管SEC延迟不断，但投资者的乐观情绪很高。让我们讨论哪一个将首先获得批准。SolanaETF延迟了，XRP和Polkadot ETF在Linethe US Securities and Exchange Commission（SEC）中的下一个现在已将其对Grayscale的现货Solana ETF的决定推迟到2025年。在此之前，他们还延迟了延迟并推迟了他们对诉讼交易所的决定。现在，下一个排名的是Spot XRP和Polkadot ETF，它们有可能在6月获得批准。Cryptospot ETF是市场上最看涨的因素。比特币和以太坊通过其启动的现货交换基金的表现见证了一个重大集会，预计其他批准也是如此。结果，对其他发射的需求是较高的。xrpvs polkadot ETF：归档，聚合物赔率和此后的延迟索拉纳和莱特币，下一个日期是现货XRP和Polkadot交换基金。根据SEC法院的申请，他们将于6月24日和21日在6月24日之前对灰度大型Polkadot ETF做出决定。在同个月，他们将于6月17日对富兰克林·邓普顿（Franklin Templeton）的现场XRP ETF提出决定。因为这两种加密货币都是市场的顶级高度，这是市场的最高高度。 Polymarket数据显示，投资者有80％的选票，有利于2025年结束时获得Ripple ETF的批准，到7月底的几率为41％。

Although the odds are lower for the small duration, the long-term odds show confidence in this crypto. However, there’s no Polymarket market for the Polkadot ETF, which is showing less demand. Interestingly, there are a few XRP ETF already out in the market, including Brazil ETF & more, so the confidence is higher in this one. The SEC vs. Ripple battle is almost near its end, but the uncertainty still remains. On the other hand, the regulatory clarity is better on Polkadot, but the SEC filing mentioned reasons behind its delay, which reduced the odds. Experts reveal that the concerns of market manipulation, Polkadot’s smaller liquidity, and long-term stability doubts resulted in a delay. The same could impact the SEC’s decision in June.SEC Delays @Polkadot ETF Applications to June 2025The U.S. Securities and Exchange Commission (SEC) has postponed its rulings on Polkadot (DOT) ETF applications from Grayscale and 21Shares, extending the deadlines to June 11, 2025, for Grayscale’s trust conversion and June 24, 2025, for 21Shares' ETF application. This continues a series of delays by the SEC in its decisions on crypto ETFs.

尽管持续时间较小的几率较低，但长期赔率表明对该加密货币的信心。但是，Polkadot ETF没有多聚市场市场，这表明需求较少。有趣的是，市场上已经有一些XRP ETF，包括巴西ETF＆More，因此在这一市场中的信心更高。 SEC与Ripple的战斗几乎接近了它，但不确定性仍然存在。另一方面，调节性的清晰度在Polkadot上更好，但SEC提交的提交提到了其延迟的原因，从而减少了几率。专家透露，市场操纵，波尔卡多的流动性较小以及长期稳定疑问的关注导致了延迟。 The same could impact the SEC's decision in June.SEC Delays @Polkadot ETF Applications to June 2025The US Securities and Exchange Commission (SEC) has postponed its rulings on Polkadot (DOT) ETF applications from Grayscale and 21Shares, extending the deadlines to June 11, 2025, for Grayscale's trust conversion and June 24, 2025, for 21Shares' ETF application.这延续了SEC在其关于加密ETF的决定中的一系列延误。

Earlier, the SEC extended the decision date on Light Node's Bitcoin ETF to June 26, 2025, and the Light Harvest Litecoin ETF decision date to June 16, 2025. In March 2025, the SEC pushed back the decision on Grayscale's Ethereum ETF to October 2025.

早些时候，SEC将Light Node的比特币ETF的决定日期延长至2025年6月26日，以及Light Harvest Litecoin ETF决定日期至2025年6月16日。2025年3月，SEC将Grayscale Ethereum ETF的决定推迟到2025年10月。

The SEC has faced significant pressure to approve new crypto ETFs, particularly after the successful launch of the first Bitcoin futures ETF in 2021. Despite this, the SEC has yet to approve any spot crypto ETFs, despite receiving numerous applications over the past few years.

SEC面临批准新的加密ETF的巨大压力，尤其是在2021年第一个比特币期货ETF成功推出后。尽管如此，尽管在过去几年中，SEC尚未批准任何现场加密ETF。

Recently, the SEC also delayed its verdict on Grayscale's application to convert its existing Grayscale Polkadot Trust to an ETF, a process that began in 2021 with the filing of an S-1 registration statement. The SEC had previously set an April 27, 2024, deadline for a decision but has now pushed it to June 11, 2025.

最近，美国证券交易委员会（SEC）还推迟了对Grayscale申请将其现有灰度Polkadot Trust转换为ETF的判决，该过程始于2021年，并提交了S-1注册声明。 SEC此前曾设定了2024年4月27日的决定截止日期，但现在已将其推向2025年6月11日。

In May 2024, the SEC extended the decision date on 21Shares' application for a Polkadot ETF to January 2025. However, further delays followed, leading to the new June 24, 2025, deadline for a verdict on the 21Shares application.

2024年5月，SEC将21shares polkadot ETF申请的决策日期延长至2025年1月。但是，随后进一步延迟了，导致了2025年6月24日的新延误，这是对21Shares申请的判决的截止日期。

Which Crypto ETF Would Get the SEC’s Approval First?Officially, there are no comments from the SEC on any of the ETFs’ filings. As a result, it is not certain which would be the next exchange-traded fund to get approval. However, considering the launch of the futures Ripple ETF, better clarity on the SEC vs Ripple, appointment of a new SEC Chair, and other factors

哪个加密ETF将首先获得SEC的批准？正式地，SEC对任何ETF的文件没有任何评论。结果，不确定哪个是获得批准的下一个交易所交易基金。但是，考虑到期货波纹ETF的推出，对SEC vs Ripple的更好清晰度，任命新的SEC主席以及其他因素