Coinspeaker
Sep 29, 2025
14 0

Crypto ETFs for Litecoin, XRP, SOL Await SEC Decision This October

1 min

In October, the US SEC faces deadlines for approving crypto ETFs for altcoins like Litecoin, XRP, Solana, and Cardano. The first is Canary Capital’s spot Litecoin ETF, with a deadline on Oct. 2.

Potential Dominance of Crypto ETFs in October

  • The SEC has approved generic listing standards for crypto ETFs recently.
  • The Hashdex Crypto Index ETF, including BTC, ETH, XRP, SOL, has received approval.
  • Canary Capital's spot Litecoin ETF is set to be listed on Nasdaq.
  • The SEC withdrew its decision to extend the review period for this ETF, indicating a quicker approval process.
  • Bloomberg analysts suggest a 95% chance of approval for the spot Litecoin ETF.

SEC Withdraws Delay Notices for Multiple ETFs

  • The SEC removed delay notices for ETF applications linked to Solana, XRP, HBAR, and others.
  • Proposals from companies like Bitwise, VanEck, Fidelity, and Invesco Galaxy are affected.
  • The SEC also withdrew notices for Ethereum staking ETF proposals, signaling faster progress toward potential approvals.