Following the approval of Bitcoin and Ethereum ETFs in the US, ETF applications were also made for many altcoins such as XRP and Solana (SOL).
While altcoin ETFs, especially XRP and Solana ETFs, are currently expected to receive approval by the end of 2025, the ETF expert stated that the SEC will decide on an important issue this week.
Accordingly, The ETF Store President Nate Geraci said the SEC is set to make a final decision on the approval of the Grayscale GDLC ETF this week.
The GDLC fund includes Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Solana (SOL), and Cardano (ADA).
Geraci, who shared from his X account, stated that he thought the SEC would green light Graysacle’s GDLC ETF.
Nate Geraci thinks that the Graysacle GDLC ETF has a good chance of getting approved, which could pave the way for individual altcoin spot ETFs to get approved in the future.
“GDLC, which is awaiting final approval from the SEC this week, brings together major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Solana (SOL), and Cardano (ADA). And it is highly likely that it will be approved.
Individual spot ETF approvals for XRP, Solana (SOL) and Cardano (ADA) are also expected later.”
Final SEC deadline this week on Grayscale Digital Large Cap ETF (GDLC)…
Holds btc, eth, xrp, sol, & ada.
Think *high likelihood* this is approved.
Would then be followed later by approval for individual spot ETFs on xrp, sol, ada, etc.
— Nate Geraci (@NateGeraci) June 29, 2025
*This is not investment advice.
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