The cryptocurrency industry has seen major progress as several fund issuers recently secured approvals for crypto-based ETFs in the U.S. Fund managers are now looking to introduce new ETFs tracking cryptocurrencies like Dogecoin, XRP, and Solana. Spot ETFs for Solana are anticipated this year or next, with names like Rex-Osprey and Bitwise Solana ETFs proposed. Analysts from JP Morgan suggest that if approved, these Solana and XRP ETFs could draw billions in investments. Meanwhile, applications for Dogecoin ETFs are increasingly being filed, notably from Rex Shares and Grayscale, as the meme coin's popularity soars following recent political events. The SEC's acknowledgment of these applications indicates a shift in regulatory stance, possibly paving the way for approvals in 2026. Meanwhile, additional applications are being prepared for ETFs linked to other cryptocurrencies, including Litecoin, TRUMP, and HBAR, signifying an expanding interest in diverse crypto investment products.

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