Altcoins and Meme Tokens Race for Spot ETF Approval

The crypto world is buzzing as altcoins and meme tokens push for spot ETF approval in the U.S., hoping to follow the success of Bitcoin and Ethereum ETFs. This new wave includes major altcoins like Solana (SOL), XRP, Litecoin (LTC), Cardano (ADA), Avalanche (AVAX), Aptos (APT), Sui (SUI), Move (MOVE), and TRON (TRX), alongside meme tokens such as Dogecoin (DOGE), TRUMP, BONK, and PENGU.

Why the Rush?

Spot ETFs make it easier for traditional investors to gain exposure to crypto without managing wallets or exchanges.

Institutional interest has exploded since BTC and ETH ETFs launched, driving billions in inflows and pushing crypto further into the mainstream.

Most Watched Applications

SOL and XRP are leading the pack, with the highest number of ETF applications submitted by asset managers.

Notable filings include the VanEck Solana Trust, 21Shares Core Solana ETF, and the Rex-Osprey DOGE ETF.

Chances of Approval

Analysts estimate SOL, XRP, and LTC have a 75–90% chance of approval, while meme tokens and newer altcoins like SUI and APT face much lower odds.

Regulatory uncertainty remains, especially around whether certain tokens are classified as securities, which could delay decisions.

What’s Next?

The SEC review process can take up to 240 days, and approval of the first altcoin or meme token ETF could trigger a domino effect, opening the door for many more.

If approved, these ETFs could boost liquidity, mainstream adoption, and potentially spark new price rallies for the underlying tokens.

Bottom Line

Crypto ETFs are expanding fast beyond Bitcoin and Ethereum. While regulatory hurdles remain, the sheer volume of applications signals that altcoins and meme tokens are serious contenders for the next big wave in crypto investing$XRP $SOL $ETH