{"id":139879,"date":"2024-10-16T21:00:21","date_gmt":"2024-10-16T18:00:21","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=139879"},"modified":"2024-10-16T16:50:40","modified_gmt":"2024-10-16T13:50:40","slug":"investor-anticipation-grows-for-xrp-and-solana-etfs","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/investor-anticipation-grows-for-xrp-and-solana-etfs\/","title":{"rendered":"Investor Anticipation Grows for XRP and Solana ETFs"},"content":{"rendered":"<p>During a panel at Ripple Swell 2024, Tim McCourt from CME Group discussed the potential for an <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/xrp\/\">XRP<\/a><\/strong> ETF, noting that the creation of an XRP reference rate and a real-time index represents a significant step forward.<\/p>\n<p>This discussion followed the SEC\u2019s receipt of a second XRP ETF <strong><a href=\"https:\/\/x.com\/EricBalchunas\/status\/1843756827970023538\" target=\"_blank\" rel=\"nofollow\">application<\/a><\/strong> from Canary Capital, the first being submitted by Bitwise Asset Management.<\/p>\n<p>McCourt pointed out that the rollout of ETFs has notably accelerated growth in the crypto sector, correlating with increased trading volumes and open interest in futures.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/how-did-trumps-wlfi-token-launch-unfold-on-its-first-day\/\" title=\"How Did Trump\u2019s WLFI Token Launch Unfold on Its First Day?\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/1800-5d0132b2b0061-240x170.\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">How Did Trump\u2019s WLFI Token Launch Unfold on Its First Day?<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>While there is optimism surrounding a potential XRP ETF, its price has been struggling amid a broader crypto market rally. Meanwhile, the possibility of a <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/solana\/\">Solana<\/a><\/strong> ETF is generating interest among investors, particularly following Brazil\u2019s approval of its first Solana ETF in August.<\/p>\n<p>Alejo Pinto, former IBM blockchain lead, suggested that U.S. approval of a Solana ETF could positively impact its price due to the current uncertainty around its potential. Others, like Manthan Dave of Palisade, predict that a Solana ETF might emerge by the end of 2024.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>After the introduction of cryptocurrency exchange-traded funds (ETFs) in the United States, investors are eager for the next digital asset trading products.<\/p>\n","protected":false},"author":9,"featured_media":139880,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[],"class_list":["post-139879","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Investor Anticipation Grows for XRP and Solana ETFs<\/title>\n<meta name=\"description\" content=\"After the introduction of cryptocurrency 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