"For other coins (eg. SOL, XRP), markets will look ahead to their eventual ETF status as well, albeit this is likely a 2025 story, not a 2024 one," analyst Geoffrey Kendric said. "For now, bitcoin and ether dominance will rise, with selective "next in line" winners as well."
Several industry experts suggest SOL would be a logical third ETF choice due to its similarities with Ethereum, a commodity, paving the way for potential approval.
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