CoinInsight360.com logo CoinInsight360.com logo
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
CoinGape 2025-01-10 11:54:10

What’s Next For US Crypto ETFs: Solana, XRP, Litecoin, HBAR in 2025 With New SEC Chair?

The market participants are anticipating more US Crypto ETF additions to the list after the approval of Spot Bitcoin ETF and Spot Ether ETF last year. Some more crypto ETFs that may see the light in 2025 are XRP ETF and Solana ETF, considering a lot of applications have been filed by issuers in November last year. That said a new wave of ETFs is now expected to emerge as Donald Trump prepares himself for the upcoming Presidential inauguration. Next Wave for US Crypto ETFs According to a Reuters report , as many as 16 applications have been filed by issuers like VaEck, Canary Capital, and 21Shares. They are trying to get approval for exchange-traded products that would track crypto indices or tokens like XRP and SOL. This next wave of US Crypto ETFs, which is also likely to include Litecoin ETF and HBAR ETF, stems from two core factors. These are the nomination of Paul Atkins as a successor to Gary Gensler for the SEC Chair and lighter regulations. Gary Gensler has always been seen as an anti-crypto figure who was ‘forced’ to approve Spot Bitcoin ETFs in January last year. Lighter regulations are based on Donald Trump’s commitment to draft crypto-friendly regulations and frameworks that would support the cryptocurrency as well as the technology sphere. SOL And XRP Price Anticipation of the next wave of crypto ETFs in the US has had a mixed impact on SOL and Ripple’s XRP. SOL prices today are $191.04, which is up by 0.88% in the last 24 hours. There is also a notable surge in market cap despite a dip in the 24-hours trade volume which is down by 5.29%. Sentiments for SOL are bearish with Open Interest down by 2.15%. Price movement for XRP is more or less the same. XRP price today is $2.32 which is up by 0.76% in the last 24 hours. The market cap has gained 0.80% with a slip of 31.08% in 24-hours trading volume. Sentiments for XRP are neutral amid the anticipation for the next wave of US Crypto ETFs with Open Interest slightly up by 0.39%. Flows for Current Crypto ETFs Amid the anticipation of XRP, Litecoin, HBAR, and SOL ETF, Spot Bitcoin ETF and Spot Ether ETFs recorded heavy outflows on January 08, 2025. Spot Bitcoin ETFs saw an outward movement of $568.8 million with Fidelity’s FBTC leading the chart. It saw an outflow of $258.7 million followed by Ark’s ARKB which recorded an outflow of $148.3 million. Interstingly, Fidelty’s FETH led outflows for Spot Ether ETFs as well, recording an outward movement of $147.7 million. Grayscale’s ETHE and ETH followed with an outflow of $8.3 million and $3.4 million, respectively. The post What’s Next For US Crypto ETFs: Solana, XRP, Litecoin, HBAR in 2025 With New SEC Chair? appeared first on CoinGape .

Leggi la dichiarazione di non responsabilità : Tutti i contenuti forniti nel nostro sito Web, i siti con collegamento ipertestuale, le applicazioni associate, i forum, i blog, gli account dei social media e altre piattaforme ("Sito") sono solo per le vostre informazioni generali, procurati da fonti di terze parti. Non rilasciamo alcuna garanzia di alcun tipo in relazione al nostro contenuto, incluso ma non limitato a accuratezza e aggiornamento. Nessuna parte del contenuto che forniamo costituisce consulenza finanziaria, consulenza legale o qualsiasi altra forma di consulenza intesa per la vostra specifica dipendenza per qualsiasi scopo. Qualsiasi uso o affidamento sui nostri contenuti è esclusivamente a proprio rischio e discrezione. Devi condurre la tua ricerca, rivedere, analizzare e verificare i nostri contenuti prima di fare affidamento su di essi. Il trading è un'attività altamente rischiosa che può portare a perdite importanti, pertanto si prega di consultare il proprio consulente finanziario prima di prendere qualsiasi decisione. Nessun contenuto sul nostro sito è pensato per essere una sollecitazione o un'offerta