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    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

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    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

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    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

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    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

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    Ethereum Collections Lead NFT Sales Today

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    how NFTs became a global brand and a Web3 “social currency”

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    Pixel Vault Removes CEO Following Self-Dealing and Rug Pull Accusations

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    Labubus have succeeded in every way that NFTs have failed

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    CryptoPunks Floor Price Hits 3-Year High of $208,000

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    NFT sales surge to $574 million in July, second-highest in 2025

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    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

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    Enhancing Security in Online Gambling with Blockchain Technology

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    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

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    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

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    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

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    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

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    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Experience to Earn: Everdome's Metaverse Frontier

    Experience to Earn: Everdome’s Metaverse Frontier

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    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

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    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

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    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

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    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

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    Carrieverse and Disney Ink Content Deal

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    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

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    Somnia Launches Playground App to Empower Metaverse Creators

  • NFT
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    Ethereum Collections Lead NFT Sales Today

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    how NFTs became a global brand and a Web3 “social currency”

    Pixel Vault Removes CEO Following Self-Dealing and Rug Pull Accusations

    Pixel Vault Removes CEO Following Self-Dealing and Rug Pull Accusations

    Labubus have succeeded in every way that NFTs have failed

    Labubus have succeeded in every way that NFTs have failed

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    CryptoPunks Floor Price Hits 3-Year High of $208,000

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    NFT sales surge to $574 million in July, second-highest in 2025

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    Crypto Scammer Gets Prison Time for Swiping NFTs, Coins via Hacked X Accounts

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    CryptoPunks price surges to $200k, $PUNKS loaner Gondi accused of facilitating chandelier bids

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    You Can Now Buy NBA Top Shot NFTs From Vending Machines in Japan

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    The Squid Fighter game is taking Telegram by storm — join the fight and claim your NFT before it’s too late!

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    Early Off the Grid Skin Holders Are Cashing In – Will You?

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    This Game Lets You Relive the Ethereum Story Through Vitalik Buterin’s Eyes

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    NFTs at Your Fingertips: Inside Japan’s NFT Vending Machine Trend

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    PEPE GAMES Integrates with GaFin to Power the Meme Gaming Hub

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    NFTs Stage a Summer Comeback: Blue-Chips Reclaim Spotlight in July Rally

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    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

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    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

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    Polyhedra Network launches Proof Cloud in open beta

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    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

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    SoonVerse Partners with Arris to Enhance User Experience

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    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

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    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

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    ETH Daddy Discusses Ethereum and AI

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    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

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    What’s the Difference & Which Is Better to Trade?

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    What are Decentralized Autonomous Organizations (DAO)? The Pros, Cons, and Real-World Examples

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  • Analysis
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    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

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    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

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    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

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Home Bitcoin

Could XRP, Solana be next in the crypto ETF race after Trump’s win?

November 12, 2024
in Bitcoin
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Peter Schiff criticizes Bitcoin amidst price blow: ‘The momentum has turned’
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Bitcoin nears $91K as buying pressure soars, but challenges emerge

Spot Bitcoin ETF Options – How U.S exposure is set to soar after CFTC’s notice

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Journalist

Posted: November 12, 2024

  • The growing interest in crypto ETFs includes potential filings for XRP, Solana, and Cardano.
  • Regulatory shifts tied to the U.S. election could impact crypto ETF approvals.

Following the unprecedented success of spot Bitcoin [BTC] ETFs, the cryptocurrency ETF market was poised for further expansion.

Are other crypto ETFs incoming?

Industry experts, including Nate Geraci, president of The ETF Store, highlighted a growing momentum for new filings. This signaled possible entries of spot ETFs tied to popular assets like Ripple’s XRP, Solana [SOL], and Cardano [ADA].

Discussions have surfaced over the past month speculating that the U.S. presidential election could significantly impact the regulatory approach toward crypto ETFs, especially for assets such as XRP and SOL. Many industry observers believe that the election’s outcome may shape the Securities and Exchange Commission’s [SEC] stance on digital asset ETFs, potentially influencing approval rates and future guidelines.

Remarking on the same, in his recent post Geraci noted, 

“Prediction…There will be several spot crypto ETF filings this week. XRP, SOL, ADA, etc. Assume multiple issuers were highly prepared for election results. No downside to getting aggressive now.” 

Community reaction

This remark was met with positive reception from many. For instance, one X user commented,

“Would love to see some $ADA filings”

However, it didn’t go without sparking significant debate and some criticism within the crypto community. Many memecoin enthusiasts were surprised by the lack of any mention of Dogecoin [DOGE], a detail that raised eyebrows.

See also  Bitcoin ETF outflows cross $288M amidst Labor Day's 'risk-off mode'

Expressing the same another X user said,  

“What about Doge ETF?” 

This could be attributed to the current market dynamics. The underwhelming performance of Ethereum [ETH] ETFs compared to Bitcoin’s might have delayed the spotlight on memecoin ETFs. However, Geraci wasn’t the only one addressing this development.

In an interview with Bloomberg TV in late October, Ripple CEO Brad Garlinghouse expressed optimism about the future of cryptocurrency ETFs, hinting at a more inclusive approach for various assets down the line.

He said,  

“It’s just inevitable. You’re going to see not just Bitcoin and ETH, you’re going to see an XRP ETF.”

Additionally, as of the 1st of November, Canary Capital’s recent S-1 filing with the SEC for a spot Solana ETF has already marked a bold step forward, highlighting increased momentum in the crypto ETF space.

Impact on token’s price action

Thus, with Donald Trump’s election win and the cryptocurrency market gaining traction, the unfolding developments promise to shape the next phase of digital assets.

As expected, this news has already sent positive ripples through the market, with Solana up by 5.12% over the past day and notable upticks in Cardano (2.02%) and XRP (0.44%). Dogecoin also surged over 20%, despite no direct mention in recent filings. 

Next: dogwifhat gains 27% in a day: Next target $4.860?
Tags: CryptoETFRaceSolanaTrumpsWinXRP

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