SEC set for summer crypto ETF approval wave including XRP, ADA and SOL amid $6B investment surge
Happy Tuesday!
Crypto's ETF summer is about to blaze a new trail as the SEC gears up to approve a wave of altcoin ETFs, including $XRP, Solana, and Litecoin, with approval odds hitting 95% by late 2025 amid a $6 billion institutional investment surge. The $XRP Ledger's new EVM sidechain now bridges Ethereum and $XRP, offering developers seamless integration between the two ecosystems. Meanwhile, REX Shares' Solana staking ETF is on the cusp of launching, marking a potential first in U.S. crypto investment products as the SEC signals "all systems go" for its approval as early as this week. Get the latest updates in today's crypto news.
🚀 TRADE Stocks and Crypto — GET $50 WHEN YOU DEPOSIT on Nemo: Download now
Ad: Make the most of your crypto
Start earning up to 14% interest, paid daily. Keep full access to your assets while they grow in your Savings Wallet.
The global crypto market cap is $3.26 trillion, with a 24-hour volume of $101.12 billion. The price of Bitcoin is $105,970.49, and BTC market dominance is 64.6%. The price of Ethereum is $2,424.29, and ETH market dominance is 9.0%. The best-performing sector is eCommerce, which gained 1%. The Crypto Fear & Greed Index is currently Greed (64).
SEC set for summer crypto ETF approval wave including XRP, ADA and SOL amid $6B investment surge
Analysts predict SEC approval of Solana, Litecoin, and $XRP ETFs by 2025, citing strong regulatory shifts and institutional demand.
📰 Top News
XRP Ledger launches EVM sidechain, bridging Ethereum and XRP
The XRPL EVM sidechain will offer developers seamless integration with Ethereum.
REX Shares’ Solana ETF on the brink of trading launch as SEC readies greenlight
SEC signals 'all systems go' for REX's groundbreaking Solana staking ETF launch, potentially as early as this week.
Robinhood unveils crypto-heavy roadmap that lifts stock to all-time high
Robinhood’s strategic crypto integration, including staking and Arbitrum network usage, attracts investors.
Ad: Kraken Elected as Super Representative on the TRON Network
Kraken's election highlights growing institutional confidence in TRON's decentralized governance.
📈 Latest Insights
🗞️ More News
SEC set for summer crypto ETF approval wave including XRP, ADA and SOL amid $6B investment surge
Ethereum poised for $3,000 with regulatory tailwinds and ETF demand
German banking giant Sparkassen to offer crypto trading to 50 million customers by 2026
DEXs capture almost 30% of CEX spot activity in June, setting new record
Connecticut closes door on Bitcoin, mandates strict disclosure for crypto firms