The co-founder of the ETF Institute, Nate Geraci, has predicted the deadlines for a number of altcoin ETF applications, specifically naming XRP, Solana (SOL), and Litecoin (LTC) filings. He implied that the next two weeks could be a window for potential regulatory breakthroughs.
In a recent social media post, Geraci stated, “Next two weeks? Spot xrp, sol, ltc, & other ETF filings all lined up & ready for launch.”
Geraci predicted that Spot XRP ETFs are “only a matter of time” back in May, 2025.
Regulatory Hurdles and Approvals
Asset Manager, Canary Capital recently filed Form 8-A documents to register shares for prospective spot Litecoin (LTC) and Hedera (HBAR) ETFs.
Similarly, Bitwise CEO Hunter Horsley revealed that the company filed a Form 8-A previously and continues to be an active filer in the space. Bitwise also recently amended its Solana ETF filing ahead of SEC approval.
Meanwhile, Grayscale filed an amended S-1 registration statement to officially launch a spot Dogecoin ETF.
The final approval hinges on the U.S. Securities and Exchange Commission (SEC). Recent reports indicate that decision deadlines for several altcoin ETF filings, have recently elapsed without official word due to a temporary suspension of operations caused by a U.S. government shutdown.
Due to the recent government shutdown, approvals have been halted. Industry insiders suggest that once the SEC is operating at full capacity, a streamlined process could follow. This process would be supported by new regulatory frameworks adopted by the SEC, which are expected to simplify the path for crypto ETFs.
A Bullish Catalyst for XRP
The launch of an XRP ETF is considered a potential bullish catalyst for the cryptocurrency. Through spot ETFs, traditional investors can gain exposure to XRP without directly holding the asset, potentially gaining billions of dollars in new capital into the ecosystem.
The launch of CME-traded XRP futures earlier this year was seen by many, including Geraci, as a crucial step toward a spot ETF.
Currently, several major investment firms, including Grayscale, Bitwise, and WisdomTree, have applications pending with the SEC. These applications were to be closed mid-October. However, as the financial community watches closely, the coming weeks are seen to be pivotal.
Also Read: T. Rowe Price Files for First Multi-Coin Crypto ETF Filing
