SEC Takes Major Step for Delayed Altcoin ETFs! Bloomberg Analyst Reveals Next ETF!
2025-11-15 01:25
While Bitcoin (BTC) and altcoins experienced sharp declines in the last 24 hours, another historic turning point occurred in the United States. At this point, the first XRP ETFs were also launched after Solana, Litecoin, and Hedera. While the Canary Capital XRP ETF began trading as the first XRP ETF in the US, it was stated that the next ETF to be added to the list will be the Bitwise XRP ETF. Bloomberg senior ETF analyst Eric Balchunas predicted in his post from his X account that Bitwise’s XRP ETF will be the next ETF to be listed on the exchange. Balchunas said that the possibility has emerged that the U.S. Securities and Exchange Commission (SEC) may expedite the approval process for cryptocurrency ETFs. At this point, Balchunas noted that the SEC has issued guidelines encouraging the use of the 8(a) procedure to quickly process the backlog of applications due...
