Flood of Major Altcoin ETFs Await SEC Approval in October

Flood of Major Altcoin ETFs Await SEC Approval in October
Flood of Major Altcoin ETFs Await SEC Approval in October

The encryption industry can be appointed in a flood of new funds circulating in the exchange of encryption in October, where the American Securities and Stock Exchange Committee has been appointed to make its final decisions on 16 investment funds circulating next month.

ETFS is associated with a variety of main altcoins, including Solana (SOL), XRP (XRP), Litecoin (LTC) and Memecoin Dogecoin (DOGE), which have final final dates throughout October.

Up to agree first, ETF ETF from ETF for the decentralized stock exchange, with a deadline on October 2, followed by the transfer of Solana’s Solana and Litecoin Trust on October 10 and ends with the Wisdomtree’s XRP box on October 24. According to To the list of upcoming approvals created by the Bloomberg analyst ETF James Sevart.

The decision can occur at any time before the deadline.

source: James Sevart

Analysts have predicted the Crypto BitFinex exchange in August that the new Altcoin or gathering season could arise from the background of the Crypto ETF approvals that provide investors exposed to metal operations at the lowest risk.

Hille

Etf analyst and head He said On Monday, it will be “the next few weeks for Spot Crypto Etfs”, due to all deposits that approach the deadlines.

“This week begins with the deadline on ETF Canary Spot Litcoin ETF. It will be followed by decisions on Sol, DOGE, XRP, ADA and HBAR ETF, although SEC can agree to any or all whenever, he added.

source: Nate Girassy

Meanwhile, Trader Crypto Trader Daan Crypto is designed in the form of “ETF” however male Two main players, FIDELITY and Blackrock, are absent from the list.

“None of those suffering from the deadline in October by Fidelity or Blackrock, the two main players in the Crypto ETF space, regardless of, it may be something that should be paid attention to in the coming weeks,” said Dan Chaibto, a trader.

In June, Civart I put SEC Approval of the various investment funds traded in Crypto that were put on the final date in October by 90 % or at some point in 2025.

SEC makes approvals easy to move forward

The Securities and Stock Exchange Commission has been delayed in many investment funds circulating in 2025, and set several new deadlines; However, the organizer also took steps towards shortening time tables amid a more friendly approach to encryption.

Related to: Rex -Sprey Crypto ATFS for the launch of Friday

SEC has agreed to the new insertion standard for commodity -based TRST shares on September 17, which could shorten the way to launch Crypto boxes in the future.

Civit He said At that time, changing policy will be a positive step towards a “wave of instant Crypto ETP launches”.

Fellow of Etf Eric Balchunas also speculated that there may be a lot soon, Indicate To 22 coins with futures contracts on the base of the currencies that were “eligible to get Spot Etf-Illization.”

Since changing the standards of listing, Asset Manager Hashdex has already expanded Crypto ETF to include XRP, Solana and Stellar (XLM).

magazine: SEC’s U-Orn on Crypto Main Questions Waves without answering

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