In recent times, cryptocurrency markets have been focused on new developments in exchange-traded funds (ETFs). Investment firms have accelerated ETF applications for altcoin projects. It is noted that projects approved for ETFs can differentiate positively from others in this regard. The cryptocurrency market has been following a volatile trend in recent weeks. Bitcoin, the cryptocurrency with the highest market value, dropped after surpassing $109,000 in January to set a price record. During this period, Bitcoin dropped below $90,000, and sharp declines were also seen in altcoin projects. Some altcoin projects saw drops exceeding 50%, and attention is now turning to the news of ETF applications coming from the US in the short term. Following the approval of Bitcoin and Ethereum ETFs by the US Securities and Exchange Commission (SEC) last year, applications are now being made for other cryptocurrencies as well. Institutions including major US-based investment firms like BlackRock and VanEck have submitted ETF applications for altcoin projects such as Solana, Ripple, Cardano, Litecoin, Dogecoin, and Hedera. ETF analysts suggest that by 2025, ETFs will also be introduced for some altcoin projects, allowing both individual and institutional investors to invest in cryptocurrencies through these funds within the traditional financial system. LIKELY CRYPTO CURRENCIES TO RECEIVE ETF APPROVAL Experts suggest that some cryptocurrencies are leading in the race for spot ETF approvals Here are the cryptocurrencies expected to receive approval… Ripple (XRP) Litecoin (LTC) Solana (SOL) Cardano (ADA)