Is An XRP ETF Next After The Solana ETF Launch? Experts Answer
Main Idea
Experts suggest an XRP ETF may be next after the Solana ETF launch, with high approval odds predicted by Bloomberg analysts and market experts.
Key Points
1. Bloomberg analysts Eric Balchunas and James Seyffart predict a 95% chance of an XRP ETF approval this year, following the Solana ETF launch.
2. REX-Osprey launched the first Solana staking ETF on July 2, a spot SOL ETF that also provides staking rewards.
3. Market expert Nate Geraci predicts a spot XRP ETF is next for SEC approval, with other altcoin ETFs like Cardano and Litecoin also likely.
4. Polymarket data shows an 87% chance of an XRP ETF approval by December 31, slightly higher than the 86% chance for an LTC ETF.
5. Ripple has dropped its cross-appeal against the SEC, expressing confidence in an upcoming XRP ETF.
Description
REX-Osprey’s Solana ETF launched on July 2, with SOL now the third crypto asset to have a spot ETF in the US after Bitcoin and Ethereum. Bloomberg analysts Eric Balchunas and James Seyffart have now suggested that an XRP ETF could be the next to launch. XRP ETF Next As Solana ETF Goes Live In an X post , Bloomberg analyst James Seyffart suggested that an XRP ETF may be next following the launch of a Solana ETF. This is based on Seyffart and his colleague Eric Balchunas’ prediction that the XRP f...
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