SEC to Decide on 16 Altcoin Spot ETFs in October: XRP, Solana, Litecoin on the Line
- The SEC faces October deadlines for 16 applications for altcoin spot ETFs.
- Products tied to Solana, XRP, Litecoin, and Dogecoin await approval.
- Analysts suggest that approvals could trigger an altcoin season.
The U.S. Securities and Exchange Commission (SEC) will issue final decisions on 16 spot altcoin exchange-traded fund (ETF) applications in October.
According to the list shared by Bloomberg ETF analyst James Seyffart, products linked to Solana, XRP, Litecoin, and Dogecoin are included. The outcomes could shape the next stage of crypto adoption in U.S. financial markets.
Key Deadlines Approaching
The first decision deadline is Oct. 2 for Canary’s Litecoin ETF. Other filings follow throughout the month. They include Grayscale’s Solana and Litecoin trust conversion on Oct. 10, Canary’s XRP ETF on Oct. 8, and WisdomTree’s XRP fund on Oct. 24. Deadli…
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XRP Might Be Wall Street’s Very Own Dark Horse as Issuers Crowd October and Funds Compare It to Bitcoin
SEC to Decide on 16 Altcoin Spot ETFs in October: XRP, Solana, Litecoin on the Line
- The SEC faces October deadlines for 16 applications for altcoin spot ETFs.
- Products tied to Solana, XRP, Litecoin, and Dogecoin await approval.
- Analysts suggest that approvals could trigger an altcoin season.
The U.S. Securities and Exchange Commission (SEC) will issue final decisions on 16 spot altcoin exchange-traded fund (ETF) applications in October.
According to the list shared by Bloomberg ETF analyst James Seyffart, products linked to Solana, XRP, Litecoin, and Dogecoin are included. The outcomes could shape the next stage of crypto adoption in U.S. financial markets.
Key Deadlines Approaching
The first decision deadline is Oct. 2 for Canary’s Litecoin ETF. Other filings follow throughout the month. They include Grayscale’s Solana and Litecoin trust conversion on Oct. 10, Canary’s XRP ETF on Oct. 8, and WisdomTree’s XRP fund on Oct. 24. Deadli…
Read The Full Article SEC to Decide on 16 Altcoin Spot ETFs in October: XRP, Solana, Litecoin on the Line On Coin Edition.
Читать больше