A wave of optimism is sweeping through the digital asset space as analysts suggest the U.S. Securities and Exchange Commission (SEC) may begin greenlighting crypto-linked exchange-traded funds (ETFs) as early as July.
If the predictions hold, a new era of diversified crypto investment could be just weeks away.
According to Bloomberg’s James Seyffart and Eric Balchunas, the SEC is evaluating filings for index-style ETFs that bundle various cryptocurrencies. These “basket” ETFs, submitted by firms like Grayscale and Bitwise, aim to give investors exposure to multiple digital assets through a single vehicle. Analysts put the odds of approval at 90%.
Solana appears to be leading the charge. Not only are ETF issuers actively updating their Solana-based proposals, but the SEC is reportedly holding preliminary talks around how staking might be incorporated into such funds. Bloomberg analysts believe Solana could become the first major altcoin to see its own ETF listed in the U.S.
21Shares President Duncan Moir, speaking at a Paris event, said multi-asset funds are quickly gaining appeal among investors uncertain about which coins will outperform. “When in doubt, buying a basket just makes sense,” Moir noted.
Meanwhile, other altcoins like XRP and Ethereum may follow suit later this year, especially with growing discussions around staking-related offerings.
Nate Geraci of the ETF Store believes the SEC’s forthcoming decisions could open the floodgates for mainstream crypto investment access. With institutional players lining up and memecoin ETFs even rumored for 2026, the market may soon witness an unprecedented boom in regulated crypto products.
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Fartcoin (FARTCOIN) has gone up by 14.4% in the past 24 hours as meme coins as a whole are rallying during today’s session. The launch of a Solana exchange-traded fund (ETF) this week along with Canary Capital’s positive steps toward getting a Pudgy Penguins (PENGU) ETF approved are favoring a bullish Fartcoin price prediction. Fartcoin. […]
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