Nasdaq’s Upcoming Crypto ETFs: Altcoins Await SEC Approval

After the success of spot Bitcoin and Ethereum ETFs, Nasdaq is eyeing the next wave: altcoin ETFs. Several applications have been filed in partnership with asset managers like Grayscale, 21Shares, and Hashdex — but are still waiting for SEC approval.

🔍 Key Altcoins with Pending ETF Applications on Nasdaq

Polkadot (DOT): Grayscale filed for a spot ETF, under SEC review.

Dogecoin (DOGE): 21Shares submitted the “House of Doge” ETF.

Hedera (HBAR): Proposed ETFs from both Grayscale and Canary Capital.

Litecoin (LTC): Canary Capital seeks to list a spot ETF via Nasdaq.

XRP (Ripple): Proposed for both a standalone ETF (CoinShares) and in a multi-asset index (Hashdex).

Solana (SOL): Included in multiple pending spot and index ETF filings.

Cardano, Chainlink, Avalanche, Uniswap: Included in the Hashdex Nasdaq Crypto Index ETF basket.

⚖️ Why the Delay?

The SEC continues to evaluate whether these assets are securities or commodities. The approval process could take up to 240 days, with outcomes likely influenced by market conditions and political shifts.

📈 Why It Matters

If approved, these ETFs would offer mainstream exposure to top altcoins — a major step toward wider crypto adoption and Nasdaq’s expanding role in digital asset finance.