A New Crypto ETF Is On The Way

Ever since we got the Bitcoin ETF back at the start of the year there's been a heavy and rapid push to get Ethereum listed next. That approval and listing seemed to happen much faster than bitcoins and it also dropped a major case by the SEC who was trying to prove that Ethereum was a security for years!

What was speculated next by myself and others was it was only a matter of time until the next crypto ETFs would start to show their faces.

In news today SOL (Solana) has had its first filed ETF from VanEck and it as far as I know the first ETF to be pushed for a cryptocurrency outside of Bitcoin and Ethereum.

Since news of this broke we have seen SOL move from roughly $136 to $148 about a 10% jump in price action just on the news that the ETF was submitted.

Next

This now opens up the question of what cryptocurrency could be next now that we have Bitcoin, Ethereum and Soloana what might be the next logical crypto that could be gone after for a ETF submission.

If we look at market cap we would see BNB however with all the lawsuits and so forth with Binance I'm highly doubting that to be the next ETF after Solana.

From there we move into XRP, TON, DOGE, ADA, AVAX, TRX, SHIBA, DOT, LINK and Bitcoin Cash.

XRP seems like it could have a good chance now being that it won it's lawsuit vs the SEC. TON seems like it's a little too hype and meme at the moment which would include DOGE and SHIBA into that mix and I just don't see legitimate companies getting mixed up in the hype and meme tokens for ETF listings. Out of any of those if there were to be one I would put my money on Doge over Shiba and Ton or any other meme coin for that matter.

I also don't see TRX being included in that mix being who the owner is and all of the open cases vs them and honestly the dude running but having so much money he can fend them off it's wild seriously wild.

Also I don't see Bitcoin cash as being legitimized into a ETF as there's massive grounds behind that in terms of owner and other legal issues there.

That brings us to this list of what I would say the most possible tokens to be included into a ETF approval next. XRP, ADA, AVAX, Dot and Link and I believe any one of these has a very viable reason to possibly be the next targets. If I had to organize them in my own opinion of most probable I would put it like this...

XRP
LINK
ADA
AVAX
DOT

XRP I feel would have big community push behind it and LINK is honestly a solid blockchain with movement on it which is why I placed them above some of the others that have been around for a while. I'm honestly surprised as well to see DOT moving as much as it has and I feel like I may need to explore that blockchain again in more detail.

Which cryptocurrency do you feel will be the next ETF now that Solana just got it's application?

  • This article is for entertainment purposes only and is not financial advice. Do your own researching before investing and understand the risks.

Posted Using InLeo Alpha



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Oh wow brother, very exciting to see Solana get its own ETF. I'm betting on XRP to be next given its recent SEC win heheheh Do you think it’s a strong contender though?

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I had heard SOL was probably going to be on the way.

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