đš CRYPTO ETF UPDATE đą
SEC Reviewing Over 90+ Crypto ETF Applications đ
The U.S. Securities and Exchange Commission (SEC) is currently reviewing more than 90 crypto ETF applications. Some major tokens under review include:
Solana (SOL): VanEck, Bitwise, and 21Shares have submitted amended S-1 filings, with potential approval expected by October 10, 2025 đ
XRP: Grayscale, Bitwise, CoinShares, and ProShares have applied for XRP ETFs. Approval odds are estimated at 95%, with a possible launch in Q4 2025 or early 2026 đ
Dogecoin (DOGE): Bitwise has filed for a spot DOGE ETF, with a decision expected by November 12, 2025 đ
Cardano (ADA): Grayscale has filed for a spot ADA ETF, with a final deadline of October 26, 2025 đ
đ Recent Developments
In-kind creations and redemptions have been approved for crypto ETFs, improving efficiency đ
Generic listing standards are being developed to streamline approvals and shorten timelines đ
đ Key Players
VanEck: Filed for Solana and Avalanche spot ETFs, with a strong track record in crypto ETFs đŒ
Grayscale: Converting crypto trusts into ETFs, including ADA, XRP, and LINK đ
Bitwise: Filed for DOGE, SOL, and other ETFs, focusing on data-driven strategies đ
21Shares: Partnered with ARK on BTC ETFs and filed for SOL and SEI ETFs đ€
đ Stay tuned for more updates!
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