Solana, Dogecoin, XRP ETF Filed – Will This Spark the Next Altcoin Season?
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If you thought Bitcoin and Ethereum ETFs were big, just wait—altcoin ETFs could take things to a whole new level.
In his latest YouTube video, crypto analyst Lark Davis explains how upcoming spot ETFs for major altcoins like XRP, Solana, Litecoin, Dogecoin, Cardano, Sui, and Aptos could trigger a massive market surge.
With the SEC showing signs of softening toward altcoin ETFs, Davis believes a major shift is already underway.
Wall Street Wants More Than Bitcoin and ETH
Lark Davis highlights four leading altcoin ETF contenders: XRP, Solana, Litecoin, and Dogecoin.
XRP has seven ETF filings and is now legally cleared after Ripple dropped its cross-appeal against the SEC. Bloomberg’s James Seyffart expects $85 million in week-one inflows, while JP Morgan projects $8 billion in the first year. Analyst Zack Rector even suggests XRP could hit $30, up from $2, if targets are met.
Solana has nine ETF applications, and the live RexShares-Osprey staking ETF signals growing demand. With potential 8%+ staking yields, JP Morgan predicts $3–$6 billion in inflows, with approval likely this month.
Litecoin has three filings and could attract $290–$580 million, based on its market cap. Davis calls it a quiet but solid candidate.
Dogecoin may follow soon. Bitwise is updating its application to allow in-kind redemptions, enabling swaps for real DOGE. Even capturing 10% of Bitcoin ETF inflows could bring in $4 billion.
Round Two: Cardano, Avalanche, Sui, Aptos
Davis adds that Cardano, Avalanche, and HBAR could be next in line, with ETF conversions already underway via Grayscale’s Large Cap Trust. JP Morgan estimates $14 billion in altcoin ETF inflows in the first year likely a conservative figure as momentum builds.
According to Davis, Wall Street is already positioning itself. Altcoins offer higher upside and lower liquidity, making them prime targets. With ETF access opening up, institutional capital is ready to pour in, and most retail investors, he warns, are still unaware.