Listen, an interesting topic is emerging in the crypto world. The SEC may approve spot ETFs for altcoins such as Solana (SOL), Dogecoin (DOGE) and XRP in the coming months. In short, this means that investors will be able to officially and legally invest in these coins through the stock exchange, without buying the tokens themselves directly. It is convenient, safe and attractive for big money.
Analysts from Bloomberg, Eric Balcunas and James Seyffart, believe that the probability of such approval by the end of 2025 is at least 75%. Moreover, the most realistic candidates are not only individual coins, but also index ETFs, where several cryptocurrencies will be in one fund at once. Their chances are generally about 90%, which means they will almost certainly pass.
The SEC is currently considering eight applications for various altcoins: SOL, DOGE, XRP, as well as Litecoin, Cardano, Avalanche, Polkadot and Hedera. The first major deadline is coming soon — July 2, when the SEC should give an official response to applications from companies like Grayscale and Franklin Templeton. These are applications for so-called "basket" ETFs that combine several assets. But decisions on funds tied to one coin are expected in the fall — from October to December.
There are also lesser—known applications, for example, for SUI, Trump Coin and Melania Coin. But they haven't even gone through the initial registration stage yet, so they're unlikely to make it into the first wave of approvals. Although analysts believe that their chances in the future are quite real if they undergo the necessary procedures.
Why did all this become possible at all? After Donald Trump became president again, Paul Atkins, a proponent of cryptocurrencies, was appointed head of the SEC. He has already stated that the previous regulatory model "held back innovation" and requires urgent changes. That is, the crypto industry has a powerful lobbyist at the very top.
If these ETFs are actually approved, it will be a huge step for the market. It will open access to the crypt for institutions, there will be an influx of new capital, and all this can push prices up. This is especially important for those who already hold altcoins — their popularity and legitimacy will grow before our eyes.
So, if such funds do appear, would you invest through an ETF or would you still prefer to keep tokens in your wallet?
#SEC #ETFs #DOGE #sol #xrp