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MC²Fi
09-30

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.

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