After the Ether ETFs, which coin will be next? (Brazil has now SOL, but the US?)

[betswift]

I am not sure if SOL would work though, feels like it is not going to end up working all that much. Don't get me wrong, it may not be all that crazy to speak but at the same time we are talking about something that will get some time to adjust. SOL is a bit more centralized, and there is a team that can freeze it anytime they want, which they have done before.

I do not know if there should be ETF of something that is heavily centralized like that. Sure they do not revert or anything or steal, but they still have some control over it and I dislike that idea in an ETF. I do not mind it when it is crypto, I can buy SOL directly to invest, but when we are talking about getting an ETF of it, I feel like that is not a good idea.

In my opinion, SOL will make progress in the future, although there are doubts about achieving it, but over time, success can happen at any time, especially good performance is needed, from all sides, and ETFs with their different uses are an option.

Maybe with the meme hype coming down from SOL and going to TRON and TON, they will come up with something else to surprise us

[d5000]

I have missed some news about potential altcoin ETFs:

- Canary Capital has filed a S-1 for a Litecoin spot ETF in the US.
- There are also three applicants for a Ripple (XRP) ETF: Canary Capital, 21Shares and Bitwise, see here. (Spanish)

Under the Trump administration there is maybe a higher likelihood that one of these will be approved, see also this Bloomberg article.

So in the US, we have now applicants for Solana (in the US and in Canada by 3iQ), XRP and Litecoin (only in the US).

The Brazilian Solana ETF is trading since August 29 (Spanish) under the ticker QSOL11 at B3 Exchange in Sao Paulo.  So technically we now have a winner for this thread, although I'm not totally sure if it's a spot ETF.

I'll keep the thread open so we can speculate here which will be the next US altcoin ETF. The poll was renewed.