Traders are watching the crypto market carefully this October as a wave of new ETFs may shake issues up. The upcoming ETF deadlines have sparked rather a lot of curiosity in the group.
Highlight on Solana, Dogecoin, and Litecoin ETFs
Luke Martin, a cryptocurrency analyst has highlighted some key factors to think about as these spot ETFs get nearer to launching.
Firstly, he factors out that these could possibly be amongst the largest ETF launches of 2025. He compares them to earlier launches like Rex’s latest ETF launches. The REX-Osprey XRP ETF (XRPR) was the most profitable ETF launch of the 12 months, and the REX-Osprey Dogecoin ETF (DOJE) ranked in the high 5 out of greater than 700 ETFs launched.
Some issues to think about with the BINANCE:SOLUSDT BINANCE:DOGEUSDT BINANCE:LTCUSDT spot ETF launches developing…
1) Excellent probability of being the largest ETF launches of 2025
This isn’t a random guess, you should utilize the Rex ETF launches (XRPR & DOJE) as a information. XRPR was already the most profitable launch of…
REX- Osprey also recently filed for 21 new crypto ETFs.
Martin expects the new “‘33 Act’ spot ETFs” to likely attract even more investment, similar to how Bitcoin spot ETFs drew more inflows than BTC futures ETFs.
ETF Launch Hype and Trading Opportunities
Secondly, Martin explains that even if the ETFs are a big hit on day one, it doesn’t mean the coins will immediately skyrocket. He cited the ETH ETF as an example, noting significant hype at launch followed by short-term selling. He suggests there could be two trading opportunities: one before the launch during the hype, and another after a possible “sell the news” dip.
Thirdly, he said, “The only thing Gensler protected investors from was buying at lower prices,” adding that this should be self-explanatory.
Will XRP ETF Be Delayed?
Martin also notes that the XRP spot ETF might be delayed compared to others as the six months period of futures trading has not happened yet.
Honestly the odds are really 100% now. Generic listing standards make the 19b-4s and their “clock” meaningless. That just leaves the S-1s waiting for formal green light from Corp Finance. And they just submitted amendment #4 for Solana. The baby could come any day. Be ready. https://t.co/5JtfTm82Wi
ETFs See Strong Interest
Crypto analyst Lark Davis recently highlighted that the SEC’s final decision on the SOL spot ETF is just days away. He called this a “big week for Solana” and said there’s a high chance the approval will happen this week.
Meanwhile, interest in a Litecoin ETF also remains strong, with Polymarket odds of approval this year reaching 98%.
The SEC had to decide on 16 crypto ETFs covering major coins like Solana, XRP, Litecoin, and Dogecoin in October. However the government shutdown has impacted deadlines.
The Canary Litecoin ETF missed its October 2 deadline due to the shutdown, while the Grayscale Litecoin Trust and Grayscale Solana Trust are up next, set for October 10.
How the Government Shutdown Could Affect ETF Approvals
Journalist Eleanor Terrett shared that spot crypto ETFs, like new LTC, SOL, or XRP ETFs, are registered under the 33 Act as commodity trusts and require explicit SEC approval before they can launch. This means they won’t start trading until the SEC declares the S‑1 effective, which could be delayed while the government shutdown is in effect.
Another great summary from the best crypto journalist on social media.
The ETF approval I believe comes from the SEC’s Division of Corporation Finance. Not all the SEC’s funding comes from congressional appropriations and core activities will continue. You would expect the shut… https://t.co/qOIWYlQPxm
Attorney Bill Morgan shared that while a shutdown could slow down ETF approvals, it doesn’t necessarily mean approvals later in October are impossible. The timing will depend on how long the shutdown lasts.
