BULLISH: SEC has accepted Grayscale's proposal to convert its Digital Large Cap Fund ($BTC, $ETH, $XRP, $SOL, $ADA) into a spot ETF. (CoinTelegraph)

We are expecting ETFs for XRP, SOL, and ADA. This decision by the SEC indicates that they will be accepted in ETFs.

Bloomberg had raised the approval rate for spot XRP, SOL, and LTC ETFs to 95%. Now we can say 100%. We are just waiting for the timing. With the approval of ETFs, they could initiate a bullish period for altcoins. The current state of altcoins is at an inexplicable point...

The markets need an altcoin bull run.

#Bitcoin #Altcoins #Bullish #ETH