Final wave of filings for spot crypto ETFs could conclude this week

Photo: Kanchanara on Unsplash

Final wave of filings for spot crypto ETFs could conclude this week

SEC nears decision on spot crypto ETFs for XRP and Solana, paving way for broader digital asset fund offerings.

by Vivian Nguyen | Powered by Gloria

The final wave of filings for spot crypto ETFs may wrap up this week as the SEC continues reviewing applications for assets including XRP and Solana, according to analysts.

The Securities and Exchange Commission approved new listing rules in mid-September to facilitate spot crypto ETF launches and accelerate the review process. These rules pave the way for exchange-traded funds that directly hold digital assets beyond Bitcoin.

XRP has seen growing institutional adoption through partnerships like Ripple’s collaboration with DBS and Franklin Templeton for tokenized money market fund trading announced in September. Solana’s blockchain platform, known for high-speed transactions, is also positioned for potential ETF inclusion.

The current filing wave represents a progression from futures-based products to direct spot holdings. Previous Bitcoin spot ETF approvals established a framework that has enabled broader market access for crypto assets through traditional investment vehicles.

Final wave of filings for spot crypto ETFs could conclude this week

Final wave of filings for spot crypto ETFs could conclude this week

SEC nears decision on spot crypto ETFs for XRP and Solana, paving way for broader digital asset fund offerings.

by Vivian Nguyen | Powered by Gloria

Share

Add us on Google

Photo: Kanchanara on Unsplash

The final wave of filings for spot crypto ETFs may wrap up this week as the SEC continues reviewing applications for assets including XRP and Solana, according to analysts.

The Securities and Exchange Commission approved new listing rules in mid-September to facilitate spot crypto ETF launches and accelerate the review process. These rules pave the way for exchange-traded funds that directly hold digital assets beyond Bitcoin.

XRP has seen growing institutional adoption through partnerships like Ripple’s collaboration with DBS and Franklin Templeton for tokenized money market fund trading announced in September. Solana’s blockchain platform, known for high-speed transactions, is also positioned for potential ETF inclusion.

The current filing wave represents a progression from futures-based products to direct spot holdings. Previous Bitcoin spot ETF approvals established a framework that has enabled broader market access for crypto assets through traditional investment vehicles.