XRP, Solana, Litecoin ETFs Could Arrive Soon

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Spot crypto ETF approvals could surge in coming months, with XRP, SOL, and LTC products among the likely candidates.

An ETF expert has predicted an imminent surge in spot crypto exchange-traded funds (ETFs) approvals over the next two months.

This comes as the regulatory landscape for these investment products solidifies.

Crypto ETF Floodgates
In an August 20 post on X, Nate Geraci, president of NovaDius Wealth Management, stated that investors should expect the “spot crypto ETF floodgates” to open in the next two months. He specifically mentioned that products related to Ripple’s XRP, Solana (SOL), and Litecoin (LTC) could be among them, and added that the decision on the approval of spot Ethereum ETF staking could be made “any day now.”

Geraci pointed to several factors driving the optimism, including the nearing completion of a full regulatory framework for spot crypto ETFs. The U.S. Securities and Exchange Commission (SEC) recently introduced a standardized rule system for these products that allows exchanges to list them without submitting a 19b-4 filing, reducing approval timelines from up to 240 days to approximately 75 days. It also includes clear rules for custody, staking, and fraud prevention.


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