Last Chance: XRP and Solana ETF Changes Coming Soon

The recent developments in the US cryptocurrency ETF landscape signal a pivotal change following the SEC’s endorsement of new “generic listing standards.” This landmark decision offers a clearer and faster path for the introduction of various spot ETFs, including XRP and Solana. As a result, many fund issuers are rushing to finalize their filings, aiming to capitalize on this refreshed regulatory environment.

Exciting Prospects for Spot XRP and Solana ETFs

As the deadline approaches, market analysts are closely monitoring the situation. ETF strategist Nate Geraci tweeted about this significant moment, indicating that the race to file amendments for spot ETFs like XRP and Solana is heating up, with expectations for filings to complete shortly.

Last Chance: Xrp And Solana Etf Changes Coming Soon

In another update, Geraci highlighted a recent approval: “The new legislation allows for a broader range of crypto assets now,” emphasizing the potential inclusion of not just Bitcoin and Ethereum but also rising stars like XRP and Solana.

According to reports from leading financial news outlets, the SEC’s recent stance could simplify the approval process significantly. Many issuers are adjusting their filings to align with the SEC’s expectations, reflecting the urgency and enthusiasm within the industry to respond to the innovative framework.

The regulatory shift fundamentally changes how spot-crypto ETFs are processed. With the SEC allowing exchanges to list qualifying Commodity-Based Trust Shares without a lengthy approval procedure, the timeline for these new offerings could shrink dramatically, boosting the momentum for XRP and Solana fund launches.

Issuers now have tightly clustered deadlines, with significant filings expected throughout October. With major players like Grayscale and Bitwise scheduled to submit their proposals, all eyes will be focused on the upcoming dates to see who leads the charge.

Similarly, Solana is poised to be one of the frontrunners for immediate approvals, thanks to its advanced preparation and the groundwork laid over the past several months. Many firms have been diligently tweaking their operational protocols to meet the evolving guidelines required by regulators, suggesting a strong likelihood of success.

At the time of writing, XRP is seeing notable market activity, trading at $2.84, reflecting investor interest in the upcoming ETF dynamics.

Emily Walker
Crypto News Editor

Emily brings structure, clarity, and journalistic integrity to Bitrabo’s daily news coverage. With years of experience in tech journalism, she ensures that every headline, update, and developing story is accurate and impactful. From breaking regulatory news to market movements, Emily’s editorial oversight keeps Bitrabo’s news content timely, trusted, and engaging.