🚀 SEC Greenlights Crypto ETF Frenzy: XRP, ADA, SOL Lead $6B Stampede as Wall Street Finally Plays Catch-Up

The floodgates are open. After years of foot-dragging, the SEC just unleashed a summer tsunami of crypto ETF approvals—and institutional money is pouring in like cheap margaritas at a Wall Street happy hour.

The new crypto blue-chips
XRP, Cardano and Solana ETFs headline the wave, with $6 billion in fresh capital chasing the approvals. Turns out even regulators can't ignore the blockchain revolution forever.

Main Street vs. Wall Street
Retail traders who bought the 2022 dip are now sitting pretty as the suits finally acknowledge what crypto natives knew years ago. The irony? These same institutions called it a scam back when Bitcoin was cheap.

The crypto winter is officially over. And just like clockwork, the big money shows up after the hard work's already done—classic finance playbook.

Among these funds, BlackRock’s iShares Bitcoin Trust (IBIT) stood out, pulling in $3.85 billion, making it the highest-grossing Bitcoin ETF and reinforcing its position as a dominant player in the sector.

Meanwhile, Ethereum ETFs saw a substantial $1.16 billion in new capital, their second-best performance since launching in 2024.

Ethereum’s growth is primarily attributed to continued institutional enthusiasm following its successful Pectra upgrade, which enhanced its scalability and security. These Ethereum ETFs now boast $4.2 billion in net inflows and over $10 billion in assets.

Crypto ETF summer

The solid performance of Bitcoin and Ethereum ETFs has fueled speculation that the SEC is poised to approve additional cryptocurrency ETFs soon.

On June 30, Bloomberg analysts Eric Balchunas and James Seyffart raised their approval odds for Solana, Litecoin, and XRP ETFs to 95% by 2025, citing positive developments in the regulatory landscape and increasing institutional demand.

The analysts predict that the second half of 2025 will see a wave of new ETF approvals, with the SEC potentially clearing multiple crypto index and basket ETFs by early July.

Other altcoins such as Dogecoin, Cardano, Polkadot, and Avalanche are also on the radar, with analysts assigning a 90% chance of SEC approval later in the year.

The Optimism surrounding these ETFs is largely attributed to the supportive stance of the current US administration, under President Donald Trump, who has advocated for pro-crypto policies.

This shift is fueling the belief that the crypto market could be entering a new era of growth and regulatory clarity.