XRP, Solana, Dogecoin ETF Filings Withdrawn As SEC Initiates Shift: Bullish Or Bearish?

Group 1 - The SEC has requested altcoin ETF applicants to withdraw their 19b-4 filings due to newly approved generic listing standards, making those filings unnecessary [1][2] - Issuers are now required to submit S-1 filings, which can be approved by the SEC at any time if they meet existing criteria, indicating a streamlined process for crypto ETFs [2] - Upcoming deadlines for spot crypto ETFs include Litecoin on October 2 and Solana on October 10, with the SEC having discretion to approve or delay these applications [2][3] Group 2 - Analyst Ted Pillows highlighted two possible scenarios for the upcoming spot ETFs for SOL, XRP, DOGE, and LTC, suggesting that the second scenario appears more probable and healthier for the market [3] - A sharp rally into approval followed by a full retrace is anticipated, with a retracement aimed at clearing excess leverage before a more sustainable rally occurs [5]