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🔥 Aprovechá la oferta antes de que termine.
Here is my thinkig about a $dot spot ETF...
Once Bitcoin and Ethereum spot ETF's go live it's only a matter time before we see high cap alt coins.
Something to keep in mind though...the SEC decides which token gets approved for an ETF...
So far we've already seen the SEC say that certain top altcoins are unregistered securities.
People tend to confuse that the Ripple decision does not apply to all altcoins. So any of the tokens that the SEC has mentioned in their enforcement actions will likely have to have their time in court....
The SEC is not going to approve things like a $sol $ada $atom .etc ETF if they have already said they believe they are unregistered securities in their recent enforcement actions from this year.
So I would only expect there to be ETF's for altcoins that the SEC has not said are securities in these enforcement actions that they've put out throughout the year.
We also know there are connections between Ark Invest and Polkadot already as well.
WHEN the BTC and ETH ETF's get approved and then these institutions are looking for the next altcoins that will be approved by the SEC. I think $dot is a shoe in to be one of the first after BTC and ETH.
Not saying it will happen right away... But it's certainly not too far off
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