Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»EXCHANGE NEWS»Standard Chartered believes Solana and XRP cryptocurrency ETFs will launch in 2025.
EXCHANGE NEWS

Standard Chartered believes Solana and XRP cryptocurrency ETFs will launch in 2025.

By Crypto FlexsMay 25, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Standard Chartered believes Solana and XRP cryptocurrency ETFs will launch in 2025.
Share
Facebook Twitter LinkedIn Pinterest Email

Standard Chartered executives said that similar to Ethereum, other altcoins that have previously been subject to SEC investigation, such as the XRP incident, may also be exempt from ‘secured’ status.

With the U.S. SEC approving a spot Ethereum ETF on Thursday, May 23, market analysts are starting to talk about similar investment products for other altcoins. Standard Chartered Bank analyst Geoffrey Kendrick believes the next chapter for cryptocurrency ETFs will unfold next year in 2025.

Kendrick leads digital asset research at Standard Chartered Bank. He said this in an interview with The Block publication on Friday.

“For other coins (e.g. SOL and

Kendrick added that yesterday’s approval of the spot Ether ETF suggests that altcoins are not ‘securities’ as the SEC previously stated. He therefore hinted that other altcoins that have previously been subject to SEC investigation, such as the XRP case, may also be exempt from ‘secure’ status. Coinbase’s legal director also said yesterday that the approval means Ethereum (ETH) is a commodity. He added:

“In some cases, the core technology is so similar to ETH that it will be difficult for the SEC to argue that it is a security given ETH’s position. The cryptocurrency industry now appears to have political support on both sides.”

In addition to Kendrick, other market participants also joined in introducing the spot Solana ETF. Anthony Scaramucci, founder of SkyBridge Capital, said he will be working to prepare a Solana ETF soon.

We are going to get a $SOL ETF get ready.

— Anthony Scaramucci (@Scaramucci) May 24, 2024

Bitcoin dominance will continue to grow

Kendrick expects dominance over both Bitcoin and Ethereum to increase. He remains optimistic and expects significant inflows, particularly into spot Bitcoin ETFs, which could push the price of Bitcoin to $150,000 by the end of the year.

“A portfolio containing both BTC and ETH ETFs is likely to be attractive, and the SEC’s decision on ETH further validates the industry,” he said.

On Thursday, the SEC only approved the 19b-4 filing for a spot Ethereum ETF, with the S-1 registration still pending, after which the ETF would begin trading. As for the Ethereum ETF, Kendrick expects trading to begin next month. He reiterated his belief that these funds could attract inflows ranging from $15 billion to $45 billion within the first 12 months. He also reaffirmed his previous prediction that Ethereum would reach $8,000 by the end of the year.

next

Funds & ETFs, Market News, News

thank you!

You have successfully joined our subscriber list.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Bitcoin Price Posts for 5 consecutive August losses: Will Michael Saylor react?

August 31, 2025

Pudgy Penguins

August 28, 2025

Will Cardano (ADA) step back and push the bear back low?

August 22, 2025
Add A Comment

Comments are closed.

Recent Posts

Cango Inc. Announces August 2025 Bitcoin Production And Mining Operations Update

September 2, 2025

BitMine Immersion (BMNR) Announces Release Of August Investor Presentation And Latest Video Message From Tom Lee, Chairman

September 2, 2025

Pioneering AI Visionary Vincent Boucher & AGI Alpha Announce A Meta‑Agentic AGI Jobs Marketplace Platform

September 2, 2025

Meme Coin Little Pepe Raises Above $24M In Presale With Over 39,000 Holders

September 2, 2025

Bybit WSOT 2025 Attracts Quadruple Squads As $8M Main Competition Commences

September 2, 2025

Duration Of The Process And Important Nuances

September 2, 2025

PrimeXBT Launches “Empowering Traders To Succeed” Campaign, Leading A New Era Of Trading

September 2, 2025

Korean sleeves cut Tesla and pivot with encryption stocks.

September 2, 2025

Are you ready to token everything?

September 1, 2025

Sign Up And Get $500, Ushering In A New Era Of BTC, XRP, And DOGE Cloud Mining

September 1, 2025

Turning Social Hype Into Token Allocation

September 1, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Cango Inc. Announces August 2025 Bitcoin Production And Mining Operations Update

September 2, 2025

BitMine Immersion (BMNR) Announces Release Of August Investor Presentation And Latest Video Message From Tom Lee, Chairman

September 2, 2025

Pioneering AI Visionary Vincent Boucher & AGI Alpha Announce A Meta‑Agentic AGI Jobs Marketplace Platform

September 2, 2025
Most Popular

Google is testing an AI model that is 700 times more powerful than OpenAI’s flagship chatbot

February 15, 2024

Pantera Capital posted a 66% gain in its cryptocurrency fund last quarter despite selling off Bitcoin: Bloomberg

April 6, 2024

Bitcoin price tests support line. Will there be a stronger rebound?

August 16, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.