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Spot XRP, Solana And Cardano ETFs Are ‘Up Next’, Says Expert–But When?

  • The United States Securities and Exchange Commission has approved Grayscale Investments' Digital Large Cap Fund to become a spot exchange-traded fund, making it the largest multi-token digital-asset ETF in the U.S.
  • Market expert Nate Geraci predicts that individual spot XRP, Solana, and Cardano ETFs could be next in line following the recent approval.
  • The SEC is reportedly working on a plan to allow exchanges to list token-based ETFs without the traditional Rule 19b-4 filing, potentially streamlining the process for new products.
  • Bloomberg analysts foresee a high probability (95%) for approval of XRP, Solana, and Cardano ETFs, highlighting the growing momentum and interest in single-asset cryptocurrency ETFs.

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