[Let’s talk about ETH, Sol and XRP]
According to Bloomberg’s source James, thanks to Trump’s friendly attitude and the appointment of the new SEC chairman, the Ethereum ETF is expected to be approved for staking functions next year. This feature will significantly increase the annualized yield and market attractiveness of ETH, or trigger a price increase of more than 10%. If the staking function is planned to be launched at the end of next year, Wall Street may submit an application early next year. Especially after the new SEC chairman takes office on January 20, BlackRock and other institutions are expected to quickly promote approval. Coupled with the Prague upgrade in March, $Eth is expected to usher in a wave of market trends early next year, and smart funds may complete the position building plan before January.
Approval of $XRP and $LTC spot ETFs may be delayed until the final deadline at the end of next year due to the lack of support from CME options and futures ETFs.
In contrast, Solana ETF’s approval date is set for March next year due to its earlier application time. With the change of SEC chairman, the Solana ETF is more likely to be passed, which may become an important signal for the new SEC to express its stance towards Trump. Even if it is not approved, the market's expectations for it are enough to push the price of $Sol to rise significantly before March. Related ecosystems such as DeFi leader $Ray and local dog leader $WIF are also expected to benefit.