SEC is quietly paving the way for Altcoin ETFs.
Here’s what just changed 🧵
1/ Issuers of LTC, SOL, XRP, ADA & DOGE ETFs were told to pull their 19b-4 filings.
Why? A new unified listing standard makes that step redundant.
2/ Now only the S-1 (fund structure/strategy) is required.
Bloomberg ETF analysts: approvals could take *days*, not months.
3/ Odds of approval in 2025? Close to 100%.
Multiple issuers are lined up (Grayscale, Fidelity, VanEck, etc).
4/ Solana leads the pack. Its ETF has already amended filings 4x.
Other altcoin ETFs face SEC deadlines in the next 2 weeks.
5/ Caveat: a potential U.S. gov’t shutdown could still delay timelines.
The ETF market is evolving fast. This is no longer a Bitcoin/Ethereum-only story.
Altcoins are about to enter the institutional wrapper.
