With the Approval of spot ether (ETF) , whats next ETF ....
standard Chartered (STAN ) believes
solona (SOL) or Ripple's XRP could be the next contenders, but not before 2025.
“For other coins (eg. SOL, XRP), markets will look ahead to their eventual ETF status as well, albeit this is likely a 2025 story, not a 2024 one,” analyst Geoffrey Kendric said. “For now, bitcoin and ether dominance will rise, with selective “next in line” winners as well.”
Also,
Brokerage firm Bernstein said in a note on Thursday that given Ethereum’s classification as a commodity, the token could follow a similar path. Solana is the third biggest cryptocurrency after bitcoin and ether by market cap. This is excluding stablecoin Tether (USDT) and Binance Coin (BNB).