The global cryptocurrency market is witnessing a surge of excitement with a series of exchange-traded fund (ETF) applications for digital assets like XRP ($1.94), Solana 
$239 (SOL ($128.66)), and Litecoin (LTC ($78.85)). This momentum has been notably influenced by Donald Trump’s upcoming presidential inauguration and the resignation of SEC Chair Gary Gensler. Noted ETF expert Nate Geraci highlighted that many asset managers have submitted applications for various crypto-backed exchange-traded products.
Details of the New ETF Applications
In the last 48 hours, institutions such as ProShares, VanEck, and Canary have filed for digital asset-backed ETFs. According to Geraci, standout products include the ProShares Leveraged & Inverse XRP ETF, ProShares XRP Futures ETF, ProShares Solana Futures ETF, and the Canary Litecoin ETF. Other applications such as the VanEck Onchain Economy ETF, Oasis Capital Digital Asset Debt Strategy ETF...
24h Most Popular
Utilities