Flood of Major Altcoin ETFs Await SEC Approval in October

The crypto industry could be set up in October due to a flood of new crypto exchange trade funds, and the Securities and Exchange Commission is expected to make a final decision on the 16 crypto ETFs next month.

ETFs are connected to a variety of major altcoins, including Solana (Sol), XRP (XRP), Litecoin (LTC), and Memecoin Dogecoin (Doge), which have final deadlines scattered throughout October.

The first approved was the Litecoin ETF, a decentralized exchange canary with a deadline of October 2nd, followed by asset manager Grayscale and Litecoin Trust Conversion on October 10th, and ended on October 24th with the XRP fund on WisdomTree.

A decision may occur at any time before the final deadline.

Analysts at Bitfinex Crypto Exchange predicted in August that new Altcoin seasons or rallysies could be pulled from the back of Crypto ETF approvals, which provide investors with exposure to less risky coins.

“Giant” for the coming weeks at ETFS

ETF analyst and president of Novadius Wealth Management, Nate Geraci, said in an X post Monday that all submissions approaching deadlines will mark the “next weeks of the Spot Crypto ETF.”

“This week begins with the deadline for the Canary Spot Litcoin ETF, followed by decisions from Sol, Doge, XRP, ADA and HBAR ETF, but the SEC can approve some or all of these at any time,” he added.

Meanwhile, Crypto Trader’s Daan Crypto trades the October style as “ETF month,” but noted that two key players, Fidelity and BlackRock, are missing from the list.

“None of the ones with an October deadline were issued by Fidelity or BlackRock. This is two major players in the Crypto ETF space. Regardless, it may be something to be noted in the coming weeks,” said Daan Crypto Trades.

In June, Seyffart placed the SEC odds to approve various crypto ETFs that appear in the final deadline of 90% or more in October 2025.