<ul data-eligibleForWebStory="true"><li>Nate Geraci, president of The ETF Store, predicts the next crypto ETF approved by the SEC could focus on XRP and Cardano before Solana.</li><li>Grayscale's Digital Large Cap Fund, holding Bitcoin, Ether, XRP, Cardano, and Solana, might be approved first, according to Geraci.</li><li>The fund has a significant BTC weighting with smaller allocations to other cryptocurrencies like XRP, SOL, and ADA.</li><li>Grayscale's Digital Large Cap Fund has around $796 million in AUM and is only accessible to accredited investors.</li><li>Approval might be likely as it contains a small portion of altcoins with lower liquidity, making it less risky.</li><li>ETF issuers such as VanEck and Grayscale have shown interest in spot ETFs for Solana, showcasing demand for regulated SOL investment vehicles.</li><li>Bloomberg's senior ETF analyst anticipates a high chance of approval for Solana and staking ETF filings, potentially unlocking institutional capital for SOL.</li><li>Approval of these ETFs could increase demand for SOL and drive prices higher, with some analysts even setting targets at $500.</li></ul>

ETF With XRP, Cardano Exposure To Win SEC Approval Next Before Solana Funds, Expert Points Out

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