If Spot Ethereum ETFs Get Approved, We Could See Altcoin ETFs Like SOL-DOGE in 2025
Crypto analyst Lark Davis said that altcoin-based ETFs such as Dogecoin (DOGE), Solana (SOL), Chainlink (LINK) and Avalanche (AVAX) could flood the market "quickly" if the U.S. SEC approves a physical Ethereum ETF this year, according to a report by Yahoo Finance. He predicted that an altcoin-based ETF product could be available by 2025. Earlier, Sandy Kaul, head of digital assets at Franklin Templeton, also told Bloomberg that he expects to see more applications for crypto ETFs.