Table of Contents
- Are XRP and Solana ETFs Coming Soon?
- Why XRP and Solana Could Be Next
- Recent ETF-Related Developments
- Regulatory Challenges for XRP and Solana ETF Approval
- How to Buy XRP or Solana on Coinbase
- Potential Impact of XRP and Solana ETF Approval
- FAQs
Are XRP and Solana ETFs Coming Soon?
Speculation is increasing about XRP and Solana being the next cryptocurrencies to receive ETF approval. The recent success of Bitcoin and Ethereum ETFs has accelerated discussions, prompting investors to look for additional options. XRP and Solana have both taken significant steps toward this goal, with the SEC acknowledging a Solana ETF application on Feb. 6 and multiple fund managers filing for an XRP ETF on the same day. With growing institutional interest and shifting regulatory conditions, their potential ETF approvals could mark a major shift in the crypto market.
Why XRP and Solana Could Be Next
Market Demand
Investors seek diversified options beyond Bitcoin and Ethereum. XRP and Solana have strong communities and real-world applications. Their high liquidity makes them viable ETF candidates.
Institutional Interest
Financial institutions are increasingly adopting crypto assets. Solana and XRP provide efficiency, speed, and scalability. More firms are exploring their use in financial systems.
Historical Performance
Both XRP and Solana have shown resilience. Their strong price action makes them attractive for long-term investment. If ETFs get approval, prices could see major gains.
Recent ETF-Related Developments
XRP and Solana are both making strides toward securing approval for their own spot exchange-traded funds (ETFs). The US Securities and Exchange Commission formally acknowledged a Solana-based ETF application on Feb. 6, the same day four fund managers joined the line for XRP ETF applications.
On Polymarket, traders currently give Solana ETFs an 85% chance of approval in 2025, compared with XRP’s 80%. However, betting volumes remain relatively low, with $34,748 staked on XRP (listed as “Ripple”) and $65,761 on Solana at the time of writing.
More activity has emerged around a nearer-term deadline. For an ETF approval by July 31, bettors have wagered $207,980 on Solana, with odds at 36%. Meanwhile, XRP has drawn $102,069 in bets, with a higher 40% probability.
Regulatory Challenges for XRP and Solana ETF Approval
SEC Scrutiny
XRP’s legal battle with the SEC remains a key issue. Regulatory clarity is crucial for ETF approval. A favorable ruling could fast-track the process.
The SEC’s Enforcement Division claims SOL is a security, which has prevented other divisions of the agency from considering it as an underlying asset for a commodities ETF. However, the SEC is reportedly reducing its crypto enforcement capabilities by reassigning 50 lawyers.
Precedent Set by Bitcoin and Ethereum ETFs
With Bitcoin and Ethereum ETFs already approved, the door is open. The success of these ETFs may push regulators to consider XRP and Solana next.
How to Buy XRP or Solana on Coinbase
Buying XRP or Solana on Coinbase is simple. Follow these steps:
- Sign Up – Create an account on Coinbase.
- Verify Identity – Complete KYC verification for security.
- Deposit Funds – Use a bank transfer, credit card, or crypto deposit.
- Search for XRP or Solana – Locate the asset in the trading section.
- Make a Purchase – Select buy, enter the amount, and confirm.
- Store Securely – Keep funds on Coinbase or transfer to a private wallet.
Potential Impact of XRP and Solana ETF Approval
Increased Institutional Investment
ETFs bring institutional investors into the market. This could drive massive price increases for XRP and Solana.
Enhanced Legitimacy
ETF approval would solidify XRP and Solana’s positions in the crypto market. It would show regulators recognize them as valuable assets.
Market Growth
More ETFs mean broader adoption. Investors would have greater access, leading to increased trading volumes and liquidity.
FAQs
Will XRP and Solana ETFs be approved in 2025?
Approval is uncertain, but with regulatory progress, it remains possible. Polymarket betting odds currently favor Solana with an 85% chance and XRP with an 80% chance.
How will ETF approval affect XRP and Solana prices?
Approval would likely drive prices higher due to increased institutional demand.
Can I buy XRP or Solana on Coinbase now?
Yes, both XRP and Solana are available for trading on Coinbase.
What makes XRP and Solana good ETF candidates?
Both have high liquidity, strong market presence, and institutional interest.
