Internet reported that the U.S. Securities and Exchange Commission (SEC) postponed its decision on Tuesday on applications for multiple spot cryptocurrency ETFs, including XRP, Solana (SOL), Dogecoin (DOGE) and Litecoin (LTC). Bloomberg ETF analyst James Seyffart said the SEC is unlikely to approve or reject the applications until Trump's nomination of SEC chairman Paul Atkins is confirmed by Congress. Seyffart pointed out that although Trump has nominated Atkins to take over as SEC chairman, no confirmation hearing has been scheduled. In addition, the approval of spot Bitcoin and Ethereum ETFs has taken several years. The SEC has previously regarded the maturity of the relevant asset futures market as an important approval criterion, but none of the currently pending ETF applications meet this criterion. Despite this, analysts believe that the probability of some altcoin ETFs being approved before the end of this year is still as high as 65%. However, the final result still depends on the confirmation of the new chairman and his policy direction.