Solana Leads Altcoin ETF Race as U.S. Filings Surpass 155, Analysts Expect Over 200 in 2025

The race to launch crypto exchange-traded products (ETPs) in the United States is intensifying, with asset managers rushing to capitalize on a more favorable regulatory ￰0￱ to Bloomberg analyst Eric Balchunas, there are now over 155 crypto ETP filings covering 35 different digital ￰1￱ expects this number could exceed 200 within the next year, signaling what he described as a “total land rush.” Regulatory Optimism Sparks ETF Boom Last month, the SEC introduced Generic Listing Standards providing clear guidelines for crypto ETF ￰2￱ an application meets these criteria, it can bypass the traditionally lengthy 19b-4 approval ￰3￱ streamlined framework has encouraged asset managers to submit a record number of filings this ￰4￱ Bitcoin and Ethereum, the big winner among altcoins appears to be Solana (SOL) .

The token has seen 23 ETF applications matching Bitcoin in volume and surpassing other major cryptocurrencies like XRP, Cardano, and ￰5￱ to The Future Of Money data, pending SEC approvals could soon include altcoin ETFs for LTC, SOL, XRP, ADA, DOGE, and HBAR, with review deadlines between October 2 and ￰6￱ developments reflect a growing appetite among institutional investors to gain exposure to a diversified crypto ￰7￱ Price Outlook and Market Catalysts Despite the regulatory excitement, Solana’s price has struggled in recent ￰8￱ trades at $184.65 , down 4.64% in 24 hours and over 8% in the past week. However, traders believe a rebound may be ￰9￱ Dixon, a market analyst, noted that SOL recently bounced from a local low of $172, showing the start of an impulsive upward move.