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Experts Positive on Crypto Altcoin ETFs This Year: Will XRP, ADA, and SOL Benefit?
The crypto market is abuzz with the potential approval of Grayscale’s GDLC ETF. According to Nate Geraci, president of the ETF Store, there is a high likelihood that the U.S. Securities and Exchange Commission (SEC) will grant its blessing by the end of 2025. If approved, this decision could be a major game-changer for altcoins like XRP, ADA, and SOL.
The GDLC ETF is a diversified trust holding Bitcoin, Ethereum, XRP, Solana, and Cardano. An approval would mark the SEC’s first green light for a U.S.-based product that includes these specific altcoins within an ETF wrapper.
Industry insiders believe that this decision could pave the way for individual spot ETFs on XRP, SOL, and ADA. The prospect of increased institutional investment in crypto is causing a stir among market analysts and traders alike.
Source: cryptopotato.com
