In recent times, cryptocurrencies such as Solana (SOL), Litecoin (LTC), and Ripple (XRP) have seen a surge in ETF applications, with multiple institutions submitting spot ETF applications. As the approval process for Bitcoin ETFs accelerates, the market is filled with anticipation for the approval of ETFs for other crypto assets. This not only helps traditional capital enter the crypto space but also enhances mainstream market recognition of these digital assets. However, uncertainties in regulatory policies still exist, and whether they can successfully pass will be a significant factor influencing market trends.