BlockNews
FOLLOW ON X
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • SUI
    • CHAINLINK
    • LITECOIN
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • OPINION
No Result
View All Result
BlockNews
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • SUI
    • CHAINLINK
    • LITECOIN
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • OPINION
No Result
View All Result
BlockNews
Home CRYPTO

XRP and Solana are Next Up For ETF Approval, and Here is Why

Michael Juanico by Michael Juanico
May 24, 2024
in CRYPTO
Reading Time: 3 mins read
1
SHARES
20
VIEWS
Share on XShare in TelegramShare on Reddit
  • Standard Chartered Bank analysts predict that Solana (SOL) and Ripple (XRP) exchange-traded funds (ETFs) could launch in 2025, following the approval of Spot Ethereum ETFs this week.
  • The bank expects more crypto-based ETFs to be introduced within the next year, with Solana and XRP being prominent targets for such investment products.
  • The Ethereum ETF approval impacts the ongoing security classification questions surrounding the asset, implying that Ethereum and similar coins are not classified as securities, which could be important for other assets seeking ETF approval.

The approval of the first-ever spot Ethereum ETFs this week marks a major milestone for the crypto industry. Now, analysts at Standard Chartered Bank predict that Solana and XRP ETFs could follow suit as early as 2025. In this evolving digital asset landscape, more crypto ETFs appear inevitable.

NEW: Solana $SOL and Ripple $XRP ETFs could launch next year, states Standard Chartered Bank

— BlockNews.com (@blocknewsdotcom) May 24, 2024

Standard Chartered Forecasts More Crypto ETFs on the Horizon

Standard Chartered is just one of many financial institutions expecting more crypto-based ETFs to launch in the coming years. The bank’s analysts specifically cite Solana and XRP as likely targets for these new investment products. However, they don’t expect Solana or XRP ETFs to debut until at least 2025.

In the meantime, the approval of Ethereum ETFs is still monumental. It seems to imply that the SEC does not view Ethereum and similar cryptocurrencies as securities. This distinction could pave the way for additional spot ETFs down the line.

Of course, Ethereum itself has yet to see a price boost from its new ETFs. But as these funds begin trading, ETH should rally institutional interest and investment.

XRP and Solana Well Positioned for Future ETFs

With Ethereum setting a new precedent, all eyes are on which crypto could be next. Solana and XRP appear primed to follow Ethereum’s footsteps based on their technology, liquidity, and regulatory standing.

Solana is a leading smart contract platform known for its speed and low costs. Meanwhile, Ripple has fought a long legal battle against the SEC to classify XRP as a currency rather than a security. If Ripple wins this lawsuit, it would presumably clear the way for an XRP ETF.

Conclusion

While Solana and XRP ETFs are still likely years away, this week’s Ethereum ETF launch kickstarted a new era. More institutional adoption and regulated investment products now seem inevitable in this rapidly evolving crypto landscape.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: secSolanaspot Ethereum ETFsStandard Chartered Bankxrp
TweetShareShare
Michael Juanico

Michael Juanico

Michael is a BSBA Management graduate from Mindanao State University and has been a professional content writer since 2019. He began exploring cryptocurrency in 2021 and has since made blockchain and digital assets his primary focus. For nearly four years, Michael has contributed research and editorial content at Aiur Labs and BlockNews, producing clear and accessible coverage of market trends, trading strategies, and project developments. He is transparent about his personal holdings in Bitcoin, TRON, and select meme tokens, combining writing expertise with hands-on market experience to deliver trustworthy insights to readers.

DON'T MISS THESE! HOT OFF THE PRESS

Massive XRP Transfer Raises Questions: Is Ripple Reallocating Liquidity?
CRYPTO

Massive XRP Transfer Raises Questions: Is Ripple Reallocating Liquidity?

October 17, 2025
XRP Correction Ending? Analyst Outlines Two Scenarios Before the Next Rally
CRYPTO

XRP Correction Ending? Analyst Outlines Two Scenarios Before the Next Rally

October 16, 2025
Ethereum Locks Up Supply as Institutions Double Down and Liquidity Tightens
CRYPTO

Ethereum Locks Up Supply as Institutions Double Down and Liquidity Tightens

October 16, 2025
Solana Finds Its Footing Above $207 as ETF Hype and Inflows Spark Fresh Confidence
CRYPTO

Solana Finds Its Footing Above $207 as ETF Hype and Inflows Spark Fresh Confidence

October 16, 2025
AI Crypto War: Ocean vs. Fetch.ai Blows Up Into Legal Chaos as Binance Steps In
CRYPTO

AI Crypto War: Ocean vs. Fetch.ai Blows Up Into Legal Chaos as Binance Steps In

October 16, 2025
Shiba Inu Burn Rate Soars 222%, But Price Doesn’t Budge
CRYPTO

Shiba Inu Burn Rate Soars 222%, But Price Doesn’t Budge

October 16, 2025
Load More

Related News

Massive XRP Transfer Raises Questions: Is Ripple Reallocating Liquidity?

Massive XRP Transfer Raises Questions: Is Ripple Reallocating Liquidity?

October 17, 2025
XRP Correction Ending? Analyst Outlines Two Scenarios Before the Next Rally

XRP Correction Ending? Analyst Outlines Two Scenarios Before the Next Rally

October 16, 2025
Ethereum Locks Up Supply as Institutions Double Down and Liquidity Tightens

Ethereum Locks Up Supply as Institutions Double Down and Liquidity Tightens

October 16, 2025
Solana Finds Its Footing Above $207 as ETF Hype and Inflows Spark Fresh Confidence

Solana Finds Its Footing Above $207 as ETF Hype and Inflows Spark Fresh Confidence

October 16, 2025
AI Crypto War: Ocean vs. Fetch.ai Blows Up Into Legal Chaos as Binance Steps In

AI Crypto War: Ocean vs. Fetch.ai Blows Up Into Legal Chaos as Binance Steps In

October 16, 2025
Twitter Telegram Threads

BLOCKNEWS.COM

BlockNews is your premier source for real-time cryptocurrency, blockchain, political and financial market news.

Stay ahead of the herd with BlockNews

RESOURCES

  • About Us
  • Contact Us
  • Editorial Policies
  • Terms and Conditions
  • Privacy Policy
  • Sitemap

DISCLOSURES AND POLICIES

BlockNews provides independent reporting on crypto, blockchain, and digital finance. Content is for informational purposes only and does not constitute financial advice. Sponsored material is always disclosed. By using this site, you agree to our Terms and Conditions and Privacy Policy.

© 2025 BlockNews

No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • LITECOIN
    • CHAINLINK
    • SUI
  • MEMECOINS
  • POLITICS
  • FINANCE
  • NFT
  • DEFI
  • GUIDES

© 2025 BlockNews