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Fortune
Fortune
Catherine McGrath

Solana and XRP in line for ETFs in 2025, Bloomberg analysts say

(Credit: Jakub Porzycki/NurPhoto—Getty Images)

Solana and XRP are among a number of cryptocurrencies expected to be approved as exchange-traded funds in 2025, according to two Bloomberg analysts. 

Eric Balchunas and James Seyffart expect “a wave of cryptocurrency ETFs” in the new year as a shift in Securities and Exchange Commission leadership under President-elect Donald Trump paves the way for the agency’s approval of additional spot crypto ETFs, like those issued earlier this year for Bitcoin and Ethereum. 

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