
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.