Nate Geraci, President of ETF Store, made pleasing statements for Solana and XRP, which is widely followed in Turkey. According to Geraci, these cryptocurrencies could play an important role in the crypto ETF landscape in 2025. Geraci predicts that these assets could potentially be included in spot ETFs, which could be a turning point for the crypto market. Solana is said to have made waves with entries from Grayscale, Canary Capital and 21Shares after VanEck filed the first Solana ETF application in the US. For XRP, Canary Capital’s filing of an ETF application laid the groundwork for wider acceptance and adoption. With the support of the new US administration, it is hoped that these ETF applications can be approved. Beyond XRP and Solana, Geraci predicts that Bitcoin ETFs could rival physical gold ETFs, and Ethereum staking ETFs could gain approval. It is also believed that traditional firms such as Grayscale, Bitwise and even Vanguard may enter the crypto ETF market. Here are the details
Nate Geraci talks about Solana and XRP
The crypto ETF landscape could see major changes in 2025, with XRP and Solana positioned as key players, according to ETF Store President Nate Geraci. As industry interest grows and regulatory changes loom, these assets are attracting attention for their potential inclusion in exchange-traded fund offerings. Geraci predicts that spot ETFs for XRP and Solana could receive approval this year, which would be a turning point for the crypto market. Solana made waves in 2024 with entries from Grayscale, Canary Capital and 21Shares after VanEck filed the first Solana ETF application in the US. Meanwhile, Canary Capital’s filing for an XRP ETF in late 2023 attracted more interest from asset managers, setting the stage for wider adoption.
Hopes for approval are bolstered by the new US administration. President-elect Donald Trump nominated Paul Atkins to head the SEC, a move that is expected to signal a move away from the restrictive policies of the past. Geraci and others in the industry believe this change could open the door to more crypto-friendly regulations, including green lights for XRP and Solana ETFs.
Big changes are expected in the ETF space
Beyond XRP and Solana, Geraci foresees significant milestones in the ETF space. With $150 billion in assets under management within a year of their launch, Bitcoin ETFs are poised to rival physical gold ETFs in popularity. In addition, Ethereum staking ETFs could receive approval and applications from major players such as Grayscale and Bitwise are expected to be successful. According to Geraci, even Vanguard, a traditionally conservative firm, could enter the crypto ETF market.
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