Spot XRP, Solana, and Litecoin ETFs may launch in next two weeks, expert speculates
Summary
ETF Store President Nate Geraci speculated that spot exchange-traded funds (ETFs) for XRP, Solana (SOL), and Litecoin (LTC) might launch within the next two weeks, contingent upon the resolution of the US government shutdown. The SEC has acknowledged recent spot XRP ETF filings from firms including Bitwise, 21Shares, and CoinShares, suggesting decisions are imminent as some applications have reached final deadlines. These potential launches would follow the success of Bitcoin and Ethereum ETFs, offering institutional investors regulated, direct exposure to the digital assets. Furthermore, a spot Solana ETF already exists in the US under a '40 Act structure, incorporating staking features to provide on-chain yield.
(Source:Crypto Briefing)