said Nate Geraci, a leading ETF analyst. anticipation The spot XRP ETF will eventually be approved this year.

As reported by U.Today, Ripple President Monica Long recently said that XRP will be next in line for an SEC-approved spot ETF after Bitcoin and Ethereum.

There are several pending XRP ETF orders from companies such as WisdomTree, Bitwise, Canary Capital, and 21Shares.

In the past year, Ripple CEO Brad Garlinghouse has repeatedly... male That approval of such a product was "inevitable."

However, BlackRock has done just that so far Unlikely Exploring additional altcoin ETFs despite the stunning success of its Bitcoin-based product.

Furthermore, Geraci also expects the agency to greenlight several Solana-based ETFs.

However, Eric Balchunas of Bloomberg recently opinion That Litecoin (LTC) or Hedera (HBAR) tokens may acquire spot ETFs in the US before XRP. The analyst noted that the token still faces regulatory uncertainty following Ripple's legal battle with the Securities and Exchange Commission.

Although the SEC is widely expected to drop the Ripple issue under the next cryptocurrency-friendly administration, some believe the agency may not necessarily give the industry a leg up. Free pass.

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