Analysis Company: Spot ETF Excitement May Occur in a Surprise Altcoin in 2025! – No ETF Application Has Been Made to Date!

Following the approval of the Bitcoin and Ethereum ETFs, ETF applications have been submitted for several altcoins, including XRP, Solana (SOL), Litecoin (LTC), and Hedera (HBAR).

While Litecoin is rumored to be the first altcoin to receive approval from these applications, Solana's ETF approval may be delayed until 2026.

Additionally, altcoins without current ETF applications, such as Dogecoin (DOGE), may also receive SEC approval.

Wintermute analysts predict that 2025 could be a turning point for DOGE due to:

• No US asset manager has applied for a Dogecoin ETF yet.
• Traditional financial institutions are showing interest in memecoins, such as Dogwifhat (WIF), BONK (BONK), and PONKE (PONKE), which have contributed to Wintermute's OTC market share growth.
• Dogecoin and Shiba Inu account for a significant portion of Wintermute's OTC volumes.

Despite the buzz surrounding Dogecoin ETFs, ETF Store President Nate Geraci expressed surprise at the lack of applications. He believes that issuing a DOGE ETF would be a low-risk investment with potential for SEC approval due to its high market capitalization and Elon Musk's endorsement.

Polymarket data indicates low investor confidence in the approval of a Dogecoin ETF, with approval rates estimated at only 36% for 2025.

Disclaimer: This is not investment advice.