Who will be the 3rd after Bitcoin and Ethereum? Last year, Securities and Exchange Commission (SEC) of the United States has Approved the Bitcoin (BTC) and Ethereum (ETH) ETSE. But since then, other cryptocurrencies always wait for their turn. According to a recent Kaiko report, the XRP of Ripple could well be the next On the list. To grill the priority to the other two favorites that are Solana (Soil) and Litecoin (LTC), two main factors play in favor of an ETF XRP Spot, as we will see.
The key points of this article:
The SEC approved Bitcoin and Ethereum ETF in cash last year, and Ripple XRP could be the next on the list thanks to its liquidity of upper market. Solana and Litecoin remain serious competitors for an ETF Spot, benefiting from a significant market depth and similarities with Bitcoin respectively.
XRP: a very liquid market and a lever effect already approved
The liquidity is a crucial criterion for the approval of a ET cash. According to a recent report by Kaiko analysts, the XRP would display the better market depth among altcoinswhich means that there are a large amount of purchase and sale orders close to the current course. This contributes to a market environment stable With less price lag (slippage). Furthermore, The launch of the ETF XEP with 2x lever effect By Teucrium a few days ago is another positive point. The fact that this fund negotiated on the stock market (here on the New York Stock Exchange of Nyse ark) has been approved by the Securities and Exchange Commission before an ETP in cash for the XRP is considered to be a sign that the dry could soon give the green light.
Solana and Litecoin: the other two main contenders for an ETF Spot
Although the XRP is in the lead, other cryptocurrencies Like Solana (Sol) and Litecoin (LTC) are also in the race for ETF Spot. Solana has second best market depth After the XRP, while Litecoin benefits from similarities with Bitcoinwhich could facilitate its approval. THE LAUNCTION OF SOL TERM Contracts of CME Group in March 2025 is also seen as a precursor to approval of an ETP in cash for Solana. Likewise, Litecoin, with its mechanism of consensus by proof of work (Pow) similar to Bitcoin, is also a serious candidate. In summary, the XRP de Ripple seems to be in pole position To become the next cryptocurrency with a Etf in cash approved by the dry. Its market liquidity and the launch of an ETF with a lever by Teucrium strongly grow to this approval. However, other cryptocurrencies like Solana and Litecoin are not far behind. The ETF Spot race remains open!