Solana, Dogecoin, and Litecoin ETFs Could Be One of the Biggest ETF Launches of 2025, Analyst Says
Investors are watching the crypto market closely this October as a wave of new ETFs could shake things up. The upcoming ETF deadlines have sparked a lot of curiosity in the community.Spotlight on Solana, Dogecoin, and Litecoin ETFsLuke Martin, a cryptocurrency analyst has highlighted some key points to consider as these spot ETFs get closer to launching.Firstly, he points out that these could be among the largest ETF launches of 2025. He compares them to previous launches like Rexâs recent ETF launches. The REX-Osprey XRP ETF (XRPR) was the most successful ETF launch of the year, and the REX-Osprey Dogecoin ETF (DOJE) ranked in the top 5 out of more than 700 ETFs launched. Some things to consider with the spot ETF launches coming upâŚ1) Very good chance of being the largest ETF launches of 2025This is not a random guess, you can use the Rex ETF launches (XRPR & DOJE) as a guide. XRPR was already the most successful launch ofâŚREX- Osprey also recently filed for 21 new crypto ETFs. Martin expects the new ââ33 Actâ spot ETFsâ to likely attract even more investment, similar to how Bitcoin spot ETFs drew more inflows than BTC futures ETFs.ETF Launch Hype and Trading OpportunitiesSecondly, Martin explains that even if the ETFs are a big hit on day one, it doesnât mean the coins will immediately skyrocket. He cited the ETH ETF as an example, noting significant hype at launch followed by short-term selling. He suggests there could be two trading opportunities: one before the launch during the hype, and another after a possible âsell the newsâ dip.Thirdly, he said, âThe only thing Gensler protected investors from was buying at lower prices,â adding that this should be self-explanatory.Will XRP ETF Be Delayed?Martin also notes that the XRP spot ETF might be delayed compared to others as the six months period of futures trading has not happened yet. Honestly the odds are really 100% now. Generic listing standards make the 19b-4s and their âclockâ meaningless. That just leaves the S-1s waiting for formal green light from Corp Finance. And they just submitted amendment #4 for Solana. The baby could come any day. Be ready. ETFs See Strong Interest Crypto analyst Lark Davis recently highlighted that the SECâs final decision on the SOL spot ETF is just days away. He called this a âbig week for Solanaâ and said thereâs a high chance the approval will happen this week. Big week for Solana. The final deadline for spot ETF approval is just 4 days away.High chances we get the approval this week. Meanwhile, interest in a Litecoin ETF also remains strong, with Polymarket odds of approval this year reaching 98%.The SEC had to decide on 16 crypto ETFs covering major coins like Solana, XRP, Litecoin, and Dogecoin in October. However the government shutdown has impacted deadlines. The Canary Litecoin ETF missed its October 2 deadline due to the shutdown, while the Grayscale Litecoin Trust and Grayscale Solana Trust are up next, set for October 10.How the Government Shutdown Could Affect ETF ApprovalsJournalist Eleanor Terrett shared that spot crypto ETFs, like new LTC, SOL, or XRP ETFs, are registered under the 33 Act as commodity trusts and require explicit SEC approval before they can launch. This means they wonât start trading until the SEC declares the Sâ1 effective, which could be delayed while the government shutdown is in effect. Another great summary from the best crypto journalist on social media.The ETF approval I believe comes from the SECâs Division of Corporation Finance. Not all the SECâs funding comes from congressional appropriations and core activities will continue. You would expect the shut⌠Attorney Bill Morgan shared that while a shutdown could slow down ETF approvals, it doesnât necessarily mean approvals later in October are impossible. The timing will depend on how long the shutdown lasts.