The success of the Bitcoin Spot ETF became a springboard for the entire crypto space, and the subsequent approval of the ETF for Ethereum only strengthened the belief that the expansion of the ETF market to other cryptocurrencies is inevitable. The crypto community is now optimistic about a massive bull run in the prices of ETH and tokens based on this platform. But we are interested in the following question: which altcoins will be the next candidates for ETF approval?

đŸ€‘ VeChain and other candidates awaiting ETFs

Suddenly, VeChain (VET), an eco-token, has burst onto the list of ETF contenders. There are rumors among VeChain enthusiasts about the possible approval of a VET ETF, which could radically change the value of this token. According to one enthusiast, the first public statements could be made as early as June-July.

🌐 DOT, XRP, SOL, LTC and DOGE – next in line?

Not only VET, but also other altcoins like LTC, DOT, XRP, SOL, and DOGE are being considered for future ETF approvals. The success of the BTC ETF confirms the possibility of market expansion and attracts the attention of both investors and regulators. According to the level of “noise” (at the moment) I would arrange them in the following sequence: SOL - VET - LTC - DOGE - XRP - DOT. Yes, this list includes a meme coin, no matter how strange it may seem.

📈 Impact on the market and investors

The approval of an ETF for altcoins will significantly increase investment demand and cause prices to rise. The first ETF for an altcoin (Ether is also an altcoin but of a different caliber) will pave the way for the world of ETFs for many other tokens, which could cause the largest growth in the entire crypto sector.

đŸ”„ Conclusion:

For now, the possibility of the emergence of LTC/VET/SOL/DOGE... ETFs and other altcoin ETFs can only be a rumor, however, the growing demand and interest in this direction is important. This is no longer a dream of cryptans - this is an expected event, the only question is how long will it take before the first Altcoin - ETF, but there is no doubt that this will happen 🚀

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