After the Ethereum ETF(s), which altcoin will be next?

[Bureau]

There are two probables as per my understanding the first one is Litecoin and I am not sure why its name in not in the top on the poll. Then next will be Solana but I am certain it will face same issues like Ethereum did. Litecoin is more likely to get approved first as it's a fork of Bitcoin and then most likely Solana. I doubt any others on that list will have thier ETFs approved before the bull run.

[Ludmilla_rose1995]

I think the next ETF will be Solana, Binance token still has no chance of entering the ETF spot because CZ is already in trouble with the SEC. Meanwhile Solana is quite adopted at the moment and has the opportunity to shift Binance's capitalization

[oktana]

I am not sure how active BNB is anymore because the noise in cryptocurrencies today is coming from the Solana community. So I assume Solana would make it up there before BNB. However, both are interchangeable. It could be BNB first too. But for the other alts to list there, I have no clue if they will ever be ETFs.

[Solosanz]

I will say Litecoin and... I hate to say this, but I think XRP has a potential.

Litecoin always being treated like second best coin after Bitcoin, even though it's not that popular, but it's safe.

While XRP is really centralized and banks friendly, since ETF is a government's product, so they can easily approve XRP since the coins are in their control.

Many people voted SOL, but I doubt with it, SOL is only popular recently, it's kind of hype.

Although BNB is fourth biggest market cap coin, their market cap can be so high due to Binance, if the exchange fall, BNB will become worthless, so it's risky for government to launch the ETF version.

[God bless u]

Ethereum is very close to get a spot ETF in the United States [1], and actually there are Ethereum spot ETFs already in Bermuda, Hong Kong and Brazil.

The question is now: Which altcoin will be next? All participants ofthe poll have up to three votes. I limited this poll to the 15 more popular cryptocurrencies as of the Coin category of Coinmarketcap, excluding tokens and stablecoins. (There may be a minimal chance that also some tokens could get ETFs but I think it is quite small.)

Any countries are valid, so if for example you think a crypto-friendly country like Bermuda (actually not really a country but an UK posession) could be next to approve these products, then chose the cryptocurrency you think is most likely approved by that jurisdiction.

To not influence the poll result, I will give my reasoning for my selection after some people have already voted. Enjoy!


[1] 19b-4 filings were recently approved by the SEC, but they're fully approved and can start trading only when the S-1 filings are approved.

I think sol will be the next that will get ETF approval just because it has so much similarities with ETH and as we all know it solves the problem of congestion that ETH has got through and they have failed to solve it but SOL has done it.

So the layer 1 and layer 2 projects have also being launched to solve different problems and give appropriate solution's. It seems very close that it's ETF approval is near.

[strunberg]

There are two probables as per my understanding the first one is Litecoin and I am not sure why its name in not in the top on the poll. Then next will be Solana but I am certain it will face same issues like Ethereum did. Litecoin is more likely to get approved first as it's a fork of Bitcoin and then most likely Solana. I doubt any others on that list will have thier ETFs approved before the bull run.

Solana and Litecoin are the best options at the moment. But I personally like Litecoin because it is an old coin and I have almost no problems whenever I make transactions with Litecoin. But I will include Cardano as the next ETF approval because Cardano is a very good project and I see the Cardano team has done some network development.

[nelson4lov]

I will say Litecoin and... I hate to say this, but I think XRP has a potential.

Litecoin always being treated like second best coin after Bitcoin, even though it's not that popular, but it's safe.

While XRP is really centralized and banks friendly, since ETF is a government's product, so they can easily approve XRP since the coins are in their control.

Many people voted SOL, but I doubt with it, SOL is only popular recently, it's kind of hype.

Although BNB is fourth biggest market cap coin, their market cap can be so high due to Binance, if the exchange fall, BNB will become worthless, so it's risky for government to launch the ETF version.

Litecoin, no. XRP, maybe. Litecoin have had no major developments in years, XRP still has some regulatory hurdles. Despite the hype solana currently has, it's going to take a long time before it can get it's own ETFs. Their ecosystem still has a lot to prove tbh that it's not just a chain for pump and dump memecoins. My opinion is that it's going to take awhile before we start seeing new ETF buzz for another altcoin after Ethereum. It won't be anytime soon.

[tuaris]

Ethereum really shouldn't have gotten an ETF.  BTC made sense, but not ETH, not anything else.  XRP, as much as it's more of a reasonable choice than ETH, and as much as I would like to see XRP, I just can't see any reason why they would.

[makishart]

Ethereum really shouldn't have gotten an ETF.  BTC made sense, but not ETH, not anything else.  XRP, as much as it's more of a reasonable choice than ETH, and as much as I would like to see XRP, I just can't see any reason why they would.

Are you joking or what? Can you break down what things that you think shall become reasonable reasons to list XRP as ETF rather than ethereum? It sounds non sense to list a coin that has no utility like XRP. ethereum being listed as ETF with a reason.

I would rather trust blackrockor even vaneck with their ETH etf. They aware if XRP was a garbage coin. This is why it's not fulfill the requirements to be launched XRP ETF.

SEC won't even approve it.

[Lamkuthang]

Who else if not the coin is CZ. Yes. BNB will always get a third turn in terms of price increases and rarely precedes ETH. The year a few years ago was also the case. I have been following it and it is very predictable.

For the duration and when is the time that we cannot be sure clearly and most importantly just prepare for the future in BNB, after BNB maybe ADA will follow. Hopefully BTC will get better in the future and everyone can also go up.

[Mate2237]

The crypto community has already classified the top three 3 cryptocurrencies in the ecosystem. The first one is bitcoin follow by Ethereum and the third one will be the BNB and probably the fourth one might the dogecoin. And as others have said it is the marketcap and the population of the project will determine the next one to be accepted by SEC and not because it is a cryptocurrency. But for now Solana has not gotten the need population so they will still wait for sometimes.

[criptoevangelista]

I think that Solana and BNB have a great chance of having their ETF launched on the market compared to the others... Just Binance's cooperation with the authorities recently shows that it has a strong inclination to follow what the regulatory bodies want... therefore It is a natural path over time to have your EFT launched.

[Dunamisx]

I will also go for Solana, BNB and Doge, this are the ones i have feelings on to make a new turn for market profitability, there is no high risk in making investment on them and they could be the next to first consider after Ethereum spot ETF, they are all coins that have been seen with future benefits on investments, but i don't think any of them have yet as at now applied for any, maybe anytime soon.

[Freddie Boyer]

I think that Solana and BNB have a great chance of having their ETF launched on the market compared to the others... Just Binance's cooperation with the authorities recently shows that it has a strong inclination to follow what the regulatory bodies want... therefore It is a natural path over time to have your EFT launched.

It looks like the options you presented are quite interesting and delicious. Recently, SOL has also done quite well if we pay attention to its price movements and it is seen as being able to survive and quickly return to its initial price, even though it is not yet at its maximum. For BNB, I think this has the greatest potential after the increase in ETH in the near future.

Whether it's SOL or BNB first, it will be very interesting to watch the movements of both of them and others this season.

[jacafbiz]

The most obvious one is Solana and won't be surprised if there is announcement that someone has submitted an application for it, Polygon and Avalanche also has potentials to be the next one but my vote goes to Solana. $BNB tokens should be the next but with US throwing everything against Binance, BNB won't be in their good book for now

[d5000]

Binance token still has no chance of entering the ETF spot because CZ is already in trouble with the SEC.

Just to remind you all: The poll is not necessarily about the next ETF approval in the US / by the SEC. It's about an ETF approval in any country. Your argument is very US-specific, but of course it is very possible that the US will be the place where the next altcoin ETF is approved, just because the SEC has demostrated that it has abandoned the "only Bitcoin (and maybe decentralized coins) are not securities" policy.

There are however other good arguments against BNB, like that it's too dependant on the exchange Binance. Apart from stablecoins and tokens, which are not part of this poll, it's clearly the most centralized one of the top altcoins.

Litecoin have had no major developments in years

I don't think that's a good argument. First, older and established blockchains should be careful with adopting too many novelties. The blockchain space is already quite mature and I think you could say the same thing about most other coins too - there are gradual improvements of course, like improved efficiency, but no major breakthroughs (at least in L1s). Second, LTC follows the Bitcoin development closely, and the MWEB tech incorporated into it in 2022 is a very important improvement, about as important as Taproot for Bitcoin or the PoS upgrade for ETH.

[Abiky]

Ethereum is very close to get a spot ETF in the United States [1], and actually there are Ethereum spot ETFs already in Bermuda, Hong Kong and Brazil.

The question is now: Which altcoin will be next? All participants ofthe poll have up to three votes. I limited this poll to the 15 more popular cryptocurrencies as of the Coin category of Coinmarketcap, excluding tokens and stablecoins. (There may be a minimal chance that also some tokens could get ETFs but I think it is quite small.)

Any countries are valid, so if for example you think a crypto-friendly country like Bermuda (actually not really a country but an UK posession) could be next to approve these products, then chose the cryptocurrency you think is most likely approved by that jurisdiction.

To not influence the poll result, I will give my reasoning for my selection after some people have already voted. Enjoy!


[1] 19b-4 filings were recently approved by the SEC, but they're fully approved and can start trading only when the S-1 filings are approved.

Obviously, the Solana ETF will come up next. Many industry players are already taking about this. After all, Solana is as close to Ethereum as it can be in terms of popularity and mainstream adoption. Once Solana ETFs are approved, I think an XRP ETF will come up next. Lets not forget about a Litecoin ETF, too.

Each approval will have positive effects over a coin's market price. At least, in the long-term. What I want to see is how well will these crypto assets perform in comparison to others. I'm talking about the ability to handle large network load, etc. If Solana's network outages persist, investors will move away to other chains. Money talks, right? Hopefully, the ETFs won't move crypto away from its original purpose.

[nelson4lov]

Obviously, the Solana ETF will come up next. Many industry players are already taking about this. After all, Solana is as close to Ethereum as it can be in terms of popularity and mainstream adoption. Once Solana ETFs are approved, I think an XRP ETF will come up next. Lets not forget about a Litecoin ETF, too.

Each approval will have positive effects over a coin's market price. At least, in the long-term. What I want to see is how well will these crypto assets perform in comparison to others. I'm talking about the ability to handle large network load, etc. If Solana's network outages persist, investors will move away to other chains. Money talks, right? Hopefully, the ETFs won't move crypto away from its original purpose.

Why would Solana get an ETF? Their ecosystem isn't robust enough. Even their DeFi ecosystem is even lower than a Layer 2 on Ethereum. I know Solana has come a long way as a project and has achieved great things as an ecosystem but it's still far from mature and I don't think we would be gettingaby more ETFs approved in the near future. I estimate at least six months or most likely over a year until we'll see more ETFs being approved for crypto.

XRP? Same XRP that has a court case with the SEC and is still not in a good legal standing?

Litecoin is not a top tier crypto project anymore. I reckon it would be lower on ETF prospects.

[terrific]

Why would Solana get an ETF? Their ecosystem isn't robust enough.

It is because that's the trend and hype today. The institutions have joined the game and it's not just the only possible next etf that we'll see.
There's XRP, BNB, and the list continues. It's not about their robust ecosystem or whatnot, it's the matter of how much money and market cap it has got.

[Kristiyana]

Actually I think after the ethereum ETF solana and bnb is likely to be the next due to their marketcap, bitcoin has the highest marketcap followed by ethereum and after ethereum solana and bnb is the next in line. Moreover I think their marketcap is what determine the coin that will be next after ethereum, however in terms of popularity I think solana is next to ethereum but in terms of market cap I think after ethereum bnb is the next.