Based on Odaily, multiple altcoin spot ETFs, including XRP, DOGE, LTC, and HBAR, have recently listed in the U.S. market, with AVAX and LINK products in the approval pipeline. The approval process has accelerated significantly since late October, driven by new SEC rules and post-government shutdown processing. Grayscale’s DOGE and XRP ETFs launched on November 24. The SEC’s adoption of a universal listing standard and the 8(a) expedited approval mechanism have streamlined the process, reducing review times from 240 days to as little as 20 days. Despite the surge in listings, market performance has been mixed, with SOL ETFs showing the strongest inflows, while LTC and HBAR ETFs struggled to maintain momentum. Overall, the altcoin ETF wave reflects a more institutionalized regulatory approach to crypto assets.
Altcoin ETFs Surge in U.S. Listings, Market Response Mixed
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