The SEC is currently issuing delays and extending the process of AltCoin ETFs such as XRP and Solana (SOL) awaiting approval.
Experts believe that the Altcoin ETF is likely to be approved in the last quarter of the year, but the SEC has announced approval criteria for cryptocurrency ETP.
Bloomberg senior ETF analyst Eric Balknath noted in a post that the SEC has announced new rules outlining the general listing criteria for cryptocurrency ETPs.
Therefore, all altcoins traded in Coinbase’s derivative exchange, the largest exchange in the US for over six months, are eligible for ETP.
“The key point is that if a particular token is traded as a futures product for Coinbase derivative exchange for more than six months, you can approve an ETP based on that coin.”
Eric Blachunas said the new SEC rules mean that 12 major Altcoin ETFs can be greenlit by fall.
Balchunas noted that around 12 Altcoins meet SEC rules, reminding Bloomberg that most of these Altcoins are given approval rates of over 85%.
The timing of approval for these 12 Altcoin ETFs remains unknown, but analysts pointed out September or October as a possible time frame. He also shared images of eligible Altcoins currently listed in the Coinbase Derivatives transaction.
According to the table, the appropriate Altcoins for approved ETFs besides Bitcoin and Ethereum are Litecoin (LTC), Bitcoin Cash (BCH), Dogecoin (DOGE), Polka Dot (DOT), Shiba INU (SHIB), AVALANCH (AVALANCH), CHEANLINK (LINK), STELLAR (XLM), Sol (XLM), Sol (Xlm), Sola) (hbar), Cardano (ADA), XRP.
Crypto ETPS’ SEC’s “listing standards” will be announced via new exchange filings. Conclusion: Coins tracking more than 6mo of futures in Coinbase’s derivative exchange will be approved (listed below). It’s about 12 regular suspects, 85% or… the same one I had at https://t.co/qlzznta7yv pic.twitter.com/cmbr8xxacm.
– Eric Balchunas (@ericbalchunas) July 30, 2025
*This is not investment advice.
