Altcoin ETF Applications Could See Progress Soon
Nate Geraci, co-founder of the ETF Institute, has highlighted upcoming deadlines for altcoin ETF applications. He specifically mentioned filings for XRP, Solana (SOL), and Litecoin (LTC). Geraci suggested the next two weeks may bring regulatory developments for these ETFs.
On October 27, 2025, Geraci posted on social media: “Next two weeks? Spot XRP, SOL, LTC, & other ETF filings all lined up & ready for launch.”
Geraci previously stated in May 2025 that Spot XRP ETFs would happen “only a matter of time.”
Recent ETF Filings and Regulatory Status
- Canary Capital recently filed Form 8-A to register shares for potential spot Litecoin and Hedera (HBAR) ETFs.
- Bitwise CEO Hunter Horsley confirmed their continued active filing status. Bitwise also updated its Solana ETF application ahead of SEC approval.
- Grayscale filed an amended S-1 registration to launch a spot Dogecoin ETF.
The final approval of these ETFs depends on the U.S. Securities and Exchange Commission (SEC). Some ETF decision deadlines have passed without announcements. This delay is due to a recent U.S. government shutdown that paused SEC operations.
Industry experts expect that once the SEC resumes full operations, the approval process may speed up. New SEC regulatory frameworks are expected to make it easier to approve crypto ETFs.
XRP ETF Seen as a Potential Market Driver
The launch of an XRP spot ETF could boost the cryptocurrency’s market value. Such ETFs allow traditional investors exposure to XRP without owning it directly. This could bring billions of dollars in new investment.
Earlier this year, the introduction of CME-traded XRP futures was viewed as a critical step toward a spot ETF, a view supported by Geraci.
Several major firms — including Grayscale, Bitwise, and WisdomTree — have pending XRP ETF applications with the SEC. These were expected to close mid-October. The market is watching closely as the coming weeks could be decisive.
