The U.S. Securities and Exchange Commission (SEC) has once again delayed its decision on Grayscale’s application for a spot Polkadot (DOT) ETF. The new deadline has been pushed to late 2025, which is a familiar pattern of regulatory caution when it comes to exchange-traded funds for altcoins.
According to Bloomberg analyst James Seyffart, the earliest possible approval for a DOT ETF is now in Q4 2025. This postponement, along with a request for more public commentary, shows that the SEC is continuing its careful and deliberate approach to digital asset regulation.
The crypto market has not reacted with significant volatility to the news, as such delays have become expected. Institutional interest in Polkadot remains subdued, as investors await clearer regulatory guidance. This decision underscores the ongoing scrutiny and hesitation by regulators to approve altcoin ETFs, which is a key factor impacting market expectations and broader institutional involvement.
September 2025, Cryptoniteuae
