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    SEC to Decide on 16 Crypto ETFs in October Including Solana, XRP, Dogecoin

    Story Highlights
    • The SEC is set to decide on 16 crypto ETFs in October

    • ETFs cover major altcoins like Solana, XRP, Litecoin, and memecoins such as Dogecoin

    • BlackRock and Fidelity approvals are not scheduled for October

    October could bring a wave of new crypto exchange-traded funds (ETFs) as the U.S. SEC prepares to make final decisions on 16 proposals. These ETFs cover a mix of major altcoins like Solana, XRP, and Litecoin, as well as popular memecoins such as Dogecoin. 

    These approvals could signal a major shift in the SEC’s stance, showing a more open approach to crypto investments and would lead to wider adoption in the markets. 

    ‘Enormous’ Weeks Ahead for Crypto ETFs

    Nate Geraci, president of ETF Store, calls the next few weeks enormous for spot crypto ETFs, with deadlines approaching for numerous filings, starting this week with Canary’s spot Litecoin ETF. 

    After that, the SEC will consider decisions on ETFs tied to Solana, Dogecoin, XRP, Cardano, and Hedera. Geraci also notes that the SEC can choose to approve any or all of them at any time.

    BlackRock, Fidelity ETFs Missing

    Notably, analysts have also pointed out that none of the October deadlines involve Fidelity or BlackRock, the two biggest names in crypto ETFs. But still, these filings are worth keeping an eye on in the weeks ahead.

    Previously, Bloomberg analysts have rated the chances of most spot crypto ETF approvals at 90% or higher, seeing the SEC’s engagement as a very positive signal. Adding to the momentum, the SEC recently approved the new standard for commodity-based trust shares, which could make it easier and faster to launch spot crypto ETFs.

    James Seyffart called it a positive step toward a “wave of spot crypto ETP launches.”

    Altcoin Rally Next?

    The SEC currently has 92 crypto ETF filings waiting for approval. Analyst Virtual Bacon advises investors to expect a steady flow of ETF news in the coming months but not to chase individual coins as institutions are adopting them broadly, entering a new phase for the market.

    Investor Ted Pillows also notes that spot ETFs for SOL, XRP, DOGE, and LTC face final deadlines next month, with a high chance of approval. He suggests two possible outcomes: either a quick spike followed by a drop, or a smaller dip first followed by a sustainable rally.

    If these crypto ETFs get approved, it could make investing in cryptocurrencies much easier and safer for everyday investors. More institutional money could flow into the market and there will be wider adoption of these coins. While individual coin movements may fluctuate, the overall trend shows that the market is entering a new phase.

    Never Miss a Beat in the Crypto World!

    Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.

    FAQs

    What are the approval odds for these altcoin ETFs?

    Bloomberg analysts rate most spot crypto ETFs, like those for Solana and XRP, at 90% or higher for approval in 2025. Recent SEC rule changes signal a friendlier path for launches

    How could October ETF approvals affect altcoin prices?

    Approvals may trigger quick spikes in coins like SOL and DOGE from institutional inflows, but watch for initial dips before sustainable rallies. Broader adoption could stabilize the market long-term

    How many crypto ETF filings is the SEC reviewing overall?

    The SEC has 92 crypto ETF proposals pending, covering altcoins and memecoins. Expect steady approvals in coming months, easing access for everyday investors

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