REX-Osprey’s Solana ETF launched on July 2, with SOL now the third crypto asset to have a spot ETF in the US after Bitcoin and Ethereum. Bloomberg analysts Eric Balchunas and James Seyffart have now suggested that an XRP ETF could be the next to launch. XRP ETF Next As Solana ETF Goes Live In an X post, Bloomberg analyst James Seyffart suggested that an XRP ETF may be next following the launch of a Solana ETF. This is based on Seyffart and his colleague Eric Balchunas’ prediction that the XRP fund has a 95% chance of approval this year. They had also predicted that a SOL ETF had a 95% chance of approval and that this fund has now launched. Although not through the conventional structure, REX-Osprey launched the first Solana staking ETF on July 2. This is simply a spot SOL ETF, which will also provide staking rewards to investors. Additionally, the Grayscale Digital Large Cap Fund, which also had a 95% approval odds, has also been approved by the SEC, which puts the XRP ETF in pole position to be next. Following the approval order for the conversion of Grayscale’s fund into an ETF, market expert Nate Geraci declared that a spot XRP ETF is up next for the SEC’s approval. He predicts that other altcoin ETFs for Cardano and Litecoin will also get the nod from the commission. However, based on Seyffart and Balchunas’ prediction, a Litecoin ETF is the only one that could come before an XRP ETF. The approval odds for a Litecoin ETF also stand at 95%. Furthermore, the final SEC deadline for the LTC ETF is October 2, just days ahead of the XRP ETF’s final deadline, which is October 17. Traders Expect XRP ETF Next Polymarket data shows that traders are expecting an XRP ETF before a Litecoin ETF or any other altcoin ETF. Data from the prediction market shows that there is an 87% chance that the XRP fund gets approved by December 31. On the other hand, there is an 86% chance the SEC will approve an LTC ETF by year-end. Other altcoin ETFs have lower odds of approval by year-end. Seyyfart and Balchunas predicted that there is a 90% chance that Cardano, Dogecoin, Hedera, Avalanche, and Polkadot ETFs get approved this year. Polymarket traders say that there is an 83% and 76% that the Commission approves an ADA and DOGE ETF, respectively. Meanwhile, Ripple’s decision to drop the cross-appeal against the SEC and potentially end the XRP lawsuit is another reason why experts like Geraci are confident that an XRP ETF will come soon. At the time of writing, the XRP price is trading at around $2.26, up over 3% in the last 24 hours, according to data from CoinMarketCap.
Avalanche can be the breakout token in 2025, breaking above $55 and reaching 2021 highs after major power moves. VanEck is launching Purposebuilt moments after the Fusion initiative and sBUIDL token releases for DeFi. Earlier today, Bitcoin reached fresh all-time highs after bulls pushed prices to $111,850. This spike is a major milestone and could mark the start of a mega rally, as predicted by Binance co-founder Changpeng Zhao, who recently said Bitcoin could hit $500,000 in 2025 and that retail investors have over a decade to invest in the coin. While Bitcoin grabs headlines, one altcoin is quietly positioning itself to follow BTC and reach all-time highs in 2025. AVAX can easily become a 1000X project in the coming years since Avalanche is already making power moves. Technically, AVAX bulls are well-positioned. AVAX crypto has risen 60% from Q1 2025 lows and is trending upward, surpassing $20, a former resistance now acting as support. If AVAXUSDT breaks $30 and May highs, it could easily climb to $45 and later $55 in a buy trend continuation pattern. (AVAXUSDT) If bulls press on, it would not be surprising for AVAX crypto to triple, surging past its 2021 highs of around $150. DISCOVER: The 12+ Hottest Crypto Presales to Buy Right Now VanEck Launches Purposebuilt on Avalanche Yesterday, Avalanche unveiled that VanEck, an asset manager, will launch a fund called Purposebuilt on its network. This deal could propel AVAX beyond its 2024 highs to over $150, possibly opening up investment into some of the best meme coin ICOs. Purposebuilt is a dedicated investment fund targeting real-world applications built on Avalanche. VanEck supporting Avalanche dapps is not a simple endorsement, considering that the fund manager has over $116 billion in assets under management. Moreover, it has a solid reputation for identifying market opportunities early and is already an issuer of spot Bitcoin ETFs in the United States. The team behind the Digital Asset Alpha Fund (DAAF) will manage the fund. DAAF, launched in 2022, has $100 million in assets under management and focuses on investing in liquid tokens tied to “scalable products, economic alignment, and real adoption.” “The next wave of value in crypto will come from real businesses, not more infrastructure,” said Pranav Kanade, Portfolio Manager of VanEck Digital Assets Alpha Fund. “Avalanche has become a magnet for thoughtful builders, and with the VanEck PurposeBuilt Fund, we’re bringing capital and conviction to the founders creating lasting value, not chasing momentum.” What’s sparking investor interest is Purposebuilt’s strategy. Notably, it will adopt a fundamentals-first approach, investing in breakout projects around or after their token issuance. The fund will balance liquid token exposure with venture-stage opportunities while actively deploying idle capital into real-world asset (RWA) solutions, particularly those in money market funds. Fusion to Avail $100 Million for Innovation Interestingly, VanEck is launching the fund just as Avalanche, in partnership with Helix, announced the Fusion initiative. The $100 million community-backed effort aims to scale products addressing real-world problems through a two-layer system of composers and modules. Fusion is supported by Avalanche and its programs, including Multiverse and InfraBUILD. It will serve as a launchpad for developers, focusing on AI, healthcare, and real-world asset tokenization solutions. They will use custom blockchains via composers and plug-and-play tools available through modules. “Fusion equips developers with the tools they need to build impactful, real-world applications,” said Nicholas Mussallem, CEO of AvaCloud. “It enhances networks once they’re operational, driving widespread adoption across industries.” DISCOVER: 20+ Next Crypto to Explode in 2025 Back to DeFi? Last week, developers integrated BlackRock’s BUIDL into Avalanche via Euler Finance. BUIDL is already available on multiple chains, including Ethereum and Polygon, and has tokenized over $3 billion in U.S. treasuries and repo agreements. The integration introduced sBUIDL, a composable version of BUIDL. The token can be used as collateral to borrow stablecoins and earn rewards, including AVAX. DISCOVER: Best New Cryptocurrencies to Invest in 2025 – Top New Crypto Coins Avalanche (AVAX) To $150 In 2025? VanEck, Fusion Bull Catalysts