Bloomberg Intelligence senior ETF analyst Eric Balchunas says spot ETFs for XRP and Dogecoin are now virtually guaranteed to win US approval following last week’s regulatory shift.
The SEC’s September 18 adoption of generic listing standards for NYSE Arca, Nasdaq, and Cboe means exchanges can now list commodity-based ETPs — including crypto spot products — without filing time-consuming 19b-4 rule changes. That “kills the clock” and leaves only one hurdle: S-1 registration statements awaiting clearance from the SEC’s Division of Corporation Finance.
> “The odds are 100% now. Generic listing criteria make 19b-4s useless. The only lever left is Corp Finance’s approval of the S-1s,” Balchunas said.
He added that Solana ETF applicants have filed fresh S-1/A amendments — a typical sign of final-stage review — suggesting approvals could land any day now.
Bloomberg’s call follows Fox Business journalist Eleanor Terrett’s report that the SEC urged issuers of LTC, XRP, SOL, ADA, and DOGE ETFs to withdraw redundant 19b-4 filings, a move she clarified was procedural, not negative.
The takeaway:
19b-4 filings are no longer needed post-GLS.
S-1 approval is now the only step before launch.
Multiple issuers (including VanEck and 21Shares for Solana) are already polishing final amendments.
With the path cleared, XRP and Dogecoin ETFs could be closer to market than ever — potentially triggering new institutional inflows and reshaping crypto access for traditional investors.
#XRP #DOGE #CryptoETFs #MarketRebound #PerpDEXRace
