{"id":34678,"date":"2025-07-01T21:16:55","date_gmt":"2025-07-01T21:16:55","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=34678"},"modified":"2025-07-01T21:16:55","modified_gmt":"2025-07-01T21:16:55","slug":"experts-positive-on-crypto-altcoin-etfs-this-year-will-xrp-ada-and-sol-benefit","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=34678","title":{"rendered":"Experts Positive on Crypto Altcoin ETFs This Year: Will XRP, ADA, and SOL Benefit?"},"content":{"rendered":"
\n

The U.S. Securities and Exchange Commission (SEC) is expected to rule on the Grayscale Digital Large Cap Fund (GDLC) this week, and an expert thinks a green light is almost guaranteed.<\/p>\n

Nate Geraci, president of the ETF Store, predicted a \u201chigh likelihood\u201d of approval, with such a decision potentially unlocking the path for the first U.S. spot ETFs tracking major altcoins like XRP, Solana (SOL), and Cardano (ADA).<\/p>\n

The Stepping Stone for Altcoin ETFs<\/h2>\n

Grayscale\u2019s GDLC is a diversified trust holding Bitcoin (BTC), Ethereum (ETH), XRP, Solana, and Cardano. Approval to convert it into a listed ETF would represent the SEC\u2019s first go-ahead for a U.S. product holding these specific altcoins within the ETF wrapper.<\/p>\n

Posting on X on June 30, Geraci argued<\/a> that the regulator\u2019s engagement, evidenced by the filing of an amended S-3 form just last Thursday, signals serious consideration.<\/p>\n

He highlighted a regulatory loophole that allows up to 15% of ETF holdings to be private assets, with some issuers getting \u201ccreative\u201d to exceed the limit.<\/p>\n

With XRP, SOL, and ADA making up less than 10% of the GDLC portfolio, Geraci explained that excluding them would be inconsistent with the 1933 Securities Act. He also believes the GDLC would provide a low-risk \u201ctest run\u201d for the SEC before a \u201cslow step into other assets.\u201d<\/p>\n

\n

\u201cThink *high likelihood* this is approved,\u201d the analyst wrote. \u201cWould then be followed later by approval for individual spot ETFs on xrp, sol, ada, etc.\u201d<\/p>\n<\/blockquote>\n

Regulatory Thaw<\/h2>\n

The anticipated clearance follows a series of pro-crypto developments in the United States. President Donald Trump\u2019s embrace of the industry has emboldened asset managers, leading to a flurry of altcoin ETF filings since early 2025, including standalone applications for XRP, SOL, and ADA from firms like WisdomTree, 21Shares, and VanEck.<\/p>\n

Grayscale itself has filed separate proposals to convert its XRP and SOL trusts into spot ETFs, an action that, until recently, would have been considered dead on arrival. In February, the SEC acknowledged<\/a> the investment giant\u2019s Solana ETF proposal, a move Bloomberg analyst Eric Balchunas called \u201ca baby step, but a notable development.\u201d<\/p>\n

Furthermore, one of the businesses connected to the president, Trump Media, now has some skin in the game after filing<\/a> for a spot Bitcoin and Ethereum ETF, with Crypto.com as custodian.<\/p>\n

Meanwhile, institutional demand for such products is surging, with spot BTC ETFs attracting<\/a> more than $2.2 billion in inflows last week. This makes it seven straight weeks of net inflows and pushes the cumulative total to just under $50 billion per data from SoSoValue.<\/p>\n

The post Experts Positive on Crypto Altcoin ETFs This Year: Will XRP, ADA, and SOL Benefit?<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The U.S. Securities and Exchange Commission (SEC) is expected to rule on the Grayscale Digital Large Cap Fund (GDLC) this week, and an expert thinks a green light is almost guaranteed. Nate Geraci, president of the ETF Store, predicted a \u201chigh likelihood\u201d of approval, with such a decision potentially unlocking the path for the first […]<\/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-34678","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\/34678","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=34678"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/34678\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=34678"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=34678"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=34678"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}