Will Solana, XRP, Dogecoin and Other Crypto ETFs Take Off?

In brief

  • Bitcoin and Ethereum spot ETFs launched in the U.S. last year—and have been very successful.
  • Now, asset managers are trying to launch ETFs that would give exposure to smaller digital coins on the market.
  • Analysts are divided on how well they would do, given less mainstream visibility than Bitcoin.

A wave of proposed exchange-traded funds tracking the performance of different altcoins seem likely to receive a regulatory green light, with Bloomberg analysts predicting a more than 90% probability that a few of the funds will be able to start trading this year, including Solana, Dogecoin and XRP products. 

But if such funds and others garner approval, who will buy these investment products, and if so, to what degree? Analysts…

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