Predictions of a Solana-based fund have been made by a number of prominent analysts even before the official approval of applications for spot Ethereum ETFs. Nonetheless, another possible contender was pointed out by Jeffrey Kendrick, head of digital asset research at Standard Chartered (LON:STAN): a spot XRP ETF.
Markets are also anticipating ETF status for other coins like SOL and XRP, but according to Kendrick, this is more of a story for 2025 than 2024.
Ripple “We would definitely be on board with this, and I believe it’s inevitable that different tokens will have their own exchange-traded funds,” Garlinghouse wrote.