Spot Crypto ETF Watch: 3 Cryptocurrencies That Could Be Next on the SEC’s Approval List
After the successful launch of new spot ETFs for both Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) last year, it’s perhaps no surprise that the race is now on to offer investors an even broader array of single-crypto ETFs this year.
Right now, the three top prospects appear to be XRP (XRP 4.54%), Solana (SOL 2.45%), and Litecoin (LTC -3.32%). But which of these cryptos — if any — deserve a place in your portfolio?
XRP
As the fourth-largest cryptocurrency, with a $130 billion market cap, XRP is at the top of the wish list for many crypto investors. Already, a handful of different investment firms have filed applications with the SEC to offer a spot XRP ETF.
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However,…