{"id":2756,"date":"2024-11-15T16:02:38","date_gmt":"2024-11-15T16:02:38","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=2756"},"modified":"2024-11-15T16:02:38","modified_gmt":"2024-11-15T16:02:38","slug":"solana-ripple-litecoin-etfs-may-be-on-the-table-under-trump-administration-industry-experts-say","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=2756","title":{"rendered":"Solana, Ripple, Litecoin ETFs May Be On The Table Under Trump Administration, Industry Experts Say"},"content":{"rendered":"<div>\n<p>The cryptocurrency industry is bracing for a potential surge in exchange-traded funds (ETFs) after <strong>Donald Trump<\/strong>&#8216;s election win, signaling what experts believe could be a transformative era for <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/09\/40743776\/trump-reiterates-plans-to-make-us-world-capital-of-crypto-instead-of-attacking-industries-\">digital assets in the U.S<\/a>.<\/p>\n<p><strong>What Happened: <\/strong>Market participants are hopeful that a pro-crypto Trump administration will end regulatory gridlock and usher in broader approval for innovative crypto-based financial products, <a href=\"https:\/\/www.ft.com\/content\/6abb3096-e740-4f31-abb5-c0be737f4ae2\">according<\/a> to a Financial Times report.<\/p>\n<p>The Securities and Exchange Commission&#8217;s (SEC) recent approval of <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/11\/42010782\/goldman-sachs-expands-bitcoin-etf-holdings-to-710-million\">spot Bitcoin<\/a> and <a href=\"https:\/\/www.benzinga.com\/money\/what-is-ethereum-etf\">Ethereum ETFs<\/a> marked a significant milestone after years of regulatory pushback.<\/p>\n<p>However, filings for ETFs tied to other digital assets like <strong>Solana <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/sol\/usd\">SOL<\/a>), <strong>Ripple <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/xrp\/usd\">XRP<\/a>) and <strong>Litecoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/ltc\/usd\">LTC<\/a>) have yet to make headway.<\/p>\n<p>Comparatively, Europe has been more accepting, offering exchange-traded products tied to about 30 cryptocurrencies, according to ETFbook data.<\/p>\n<p>Industry leaders are hopeful that Trump&#8217;s administration will replace SEC Chair Gary Gensler, whose tenure has been marked by strict enforcement actions against the crypto industry. <\/p>\n<p>Trump has pledged to position the U.S. as a &#8220;bitcoin superpower,&#8221; fueling optimism for more supportive policies.<\/p>\n<p>&#8220;This election was a massive win for crypto,&#8221; said <strong>Matt Hougan<\/strong>, Chief Investment Officer of Bitwise Asset Management, which &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/11\/42011875\/solana-ripple-litecoin-etfs-may-be-on-the-table-under-trump-administration-industry-expert\" alt=\"Solana,\" ripple litecoin etfs may be on the table under trump administration industry experts say>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The cryptocurrency industry is bracing for a potential surge in exchange-traded funds (ETFs) after Donald Trump&#8216;s election win, signaling what experts believe could be a transformative era for digital assets in the U.S. What Happened: Market participants are hopeful that a pro-crypto Trump administration will end regulatory gridlock and usher in broader approval for innovative [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-2756","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/2756","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2756"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/2756\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2756"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2756"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2756"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}