The post XRP ETF Or SOL ETF? Which Will Be Next In Line In 2024? appeared on BitcoinEthereumNews.com.

With the recent approval of ETH ETFs, there are discussions all across the industry about who will be next in line among all the popular cryptocurrencies to get approval for ETF products. The most likely ones include SOL and XRP.  The question that still remains open and will keep ETF investors engrossed in the market is Who will be the first to get approval among the two? The answer to this question will be more clear when the applicants start applying for ETFs backed by these two commodities and the SEC starts taking a stance on the matter. 2024, being an election year, has become a year of development, approval and innovation in the crypto landscape. All the major crypto and ETF analysts are expecting more ETFs in the market after approval for BTC or ETH. A few days before the approval of the ETH ETF, people were not even expecting it to get approved. However, soon after its approval, crypto enthusiasts have started talking about SOL and XRP ETFs, says Nate Geraci. A week ago, everyone thought spot eth ETFs would be denied… Now people talking about sol & xrp ETFs. Wild turn of events. — Nate Geraci (@NateGeraci) May 27, 2024 Brad Garlinghouse on Making a spot XRP ETF a reality Long ago, in February, after the approval of the BTC ETF, Brad Garlinghouse, the CEO of Ripple, was ready to welcome an XRP ETF. In an interview with Bloomberg Crypto, he was optimistic about the approval and launch of ETF products on various other digital assets, including ETH, XRP and Solana. He was optimistic about XRP ETFs based on the following reasons – Investors do not want to invest all their funds in a single instrument, they need more than one investment option among an asset class.–…

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Filed under: News - @ May 27, 2024 12:24 pm