One of the hot stories in crypto right now is new altcoin ETFs. As you probably know, Polymarket and Bloomberg analysts are giving a high chance of some Solana, XRP, and a few other important altcoin ETFs getting approved this year. Lark Davis, one of the crypto veterans, decided to weigh in on this in his latest video.
Lark argues that while Bitcoin spot ETFs were the spark that lit the current bull market, they haven’t yet triggered a massive altcoin rally. Ethereum spot ETFs poured a bit more fuel on the fire, but it still hasn’t taken off like many expected. According to him, what’s coming next is the real game-changer: the era of altcoin spot ETFs. These products could finally bring the kind of mainstream access and institutional money into altcoins that has long been missing.
XRP is one of the front-runners. After years of legal battles, Ripple is now in the clear to pursue ETF approval, and there are already seven XRP ETF applications sitting on the SEC’s desk. Analysts believe the inflows could be in the billions. If that happens, it would hugely push XRP’s price. Some forecasts suggest a modest rise to $5.50, while others using more aggressive models means the price could even hit $15 or $30, depending on how much institutional capital comes in.
Solana is right behind, and it’s gaining momentum fast. Nine ETF applications have been filed, and one ETF that includes staking features has already launched. This is a big deal because institutional investors love passive income, and Solana’s staking rewards, currently around 8%, make it very attractive. Some experts believe a full spot ETF for Solana could be approved as soon as this month, which would be a major milestone for the ecosystem.
Even Litecoin and Dogecoin are getting serious attention. While these might seem like less likely candidates, they have ETF filings in progress too. In fact, Dogecoin’s ETF application includes a special feature called “in-kind redemptions” which could make it easier for investors to move in and out of positions directly using DOGE. It sounds strange, but it’s real – and it might bring even more liquidity into the meme coin.
Looking ahead, the ETF story doesn’t stop with just XRP, Solana, Litecoin, or Doge. Coins like Cardano, Avalanche, and HBAR are being lined up next. Approval timelines are estimated between October and December for many of them. If the early ETFs succeed, more are likely to follow quickly, and that could open the floodgates to a new wave of crypto investment.
Lark also touches on a powerful new trend: treasury adoption. Just like MicroStrategy did for Bitcoin, some publicly traded companies are quietly adding altcoins like Solana and XRP to their balance sheets. This could be another major boost for legitimacy and long-term support for these assets.
In summary, altcoin ETFs are not just another headline. If they’re approved – and signs point to a high chance – they could reshape the crypto market. From increased institutional demand to more legitimacy and visibility, this ETF wave could mark the beginning of a new supercycle for altcoins.
Read also: Best Solana Meme Coins to Buy as SOL ETFs Look ‘Ready to Launch’
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The post How Will Altcoin ETFs From XRP, Solana and Others Impact the Crypto Market? appeared first on CaptainAltcoin.
