šØ All Eyes on the SEC This Week!Spot ETF Decision Incoming for Bitcoin, Ethereum, XRP & More šš
1. SEC Decision Coming This Week ā GDLC ETF
Grayscale's GDLC (Grayscale Digital Large Cap ETF), which bundles Bitcoin, Ethereum, XRP, Solana, and Cardano, is awaiting a final decision from the SEC this week. Nate Geraci, President of TheāÆETFāÆStore, has indicated a high likelihood of approval .
2. If GDLC Is Approvedā¦
Approval could pave the way for individual altcoin spot ETFs later, particularly for XRP, Solana, and Cardano.
Geraci's tweet emphasized that GDLCās approval would likely be followed by separate spot ETF green lights for these altcoins .
3. Broader Context: Altcoin ETF Momentum
Beyond GDLC, individual altcoin ETFs are advancing:
ā Franklin Templetonās XRP & Solana spot ETF applications: extended review and public commentary period, decisions expected late July .
ā Industry-wide interest: Over 70 crypto ETF applications are under SEC review, signaling a strong trend toward altcoin investment products .
š What It Means for the Crypto Industry?
ā Approval of GDLC this week would mark a pivotal moment, signaling broader regulatory acceptance of multi-asset spot crypto ETFs.
ā It would also set a precedent for approvals of single-asset ETFs involving XRP, Solana, and Cardano.
ā Altcoin ETF season might gain momentum: with professional issuers like Grayscale, Franklin Templeton, VanEck, and others submitting filings and navigating delays.
šļø Timeline at a Glance
ā This week: SEC decision on Grayscale's GDLC ETF expected
ā Late July: Public comment deadline & anticipated decisions on Solana and XRP ETF filings
ā Second half of 2025: Final approvals for various individual altcoin ETFs likely
ā Bottom Line
A GDLC approval this week would be a large step forwardāopening the door not just to diversified crypto exposure within a single fund, but also to spot ETFs for XRP, Solana, and Cardano individually. For crypto investors, this could offer new, regulated ways to gain mainstream exposure to key altcoins.
