Could LINK, XLM, and AVAX Be Next?
The post Could LINK, XLM, and AVAX Be Next? appeared on BitcoinEthereumNews.com.
Seyffart named LINK, XLM, and AVAX among the top contenders for upcoming altcoin ETFs. SEC and CFTC collaboration under Trump is accelerating regulatory clarity. Basket ETF products could attract major inflows and result in an altcoin rally. Bloomberg ETF analyst James Seyffart believes the next wave of altcoins could soon follow Bitcoin and Ethereum into the exchange-traded fund (ETF) spotlight. Speaking on the Milk Road Show, Seyffart suggested that Chainlink (LINK), Stellar (XLM), Avalanche (AVAX), Bitcoin Cash (BCH), Litecoin (LTC), and Polkadot (DOT) are well-positioned to benefit once the US SEC finalizes its new framework for crypto ETFs. The Next ETF Contenders According to Seyffart, the SEC’s changed stance on crypto is paving the way for a broader range of tokens to enter the ETF wrapper. A key requirement is that an asset must have a regulated futures contract listed for at least six months with a CFTC-approved exchange. Many of the coins Seyffart named, including LINK, XLM, and AVAX, already meet that bar. This marks a major shift from the past, when ETF approval required one-off applications, lengthy deliberations, and, in many cases, outright rejections. By standardizing the process through generic listing standards, Seyffart noted, the SEC is “essentially opening the floodgates” for multiple altcoin ETFs. Related: Altcoins LTC, SOL, XRP, ETH Poised After Trump Jr. Firm’s Investment Beyond ETFs: Retail and Institutional Flows Seyffart also broke down what’s fueling demand for existing crypto ETFs. He highlighted that investment advisors and hedge funds are top buyers of both Bitcoin and Ethereum ETFs, though retail investors remain a powerful force in the market. Ethereum ETFs, in particular, have drawn more than $12.73 billion in flows since launch, with demand accelerating in the third quarter. Seyffart emphasized that much of this came after Trump’s election win last year in November. SEC,…
Filed under: News - @ September 8, 2025 8:24 pm