- XRP ETF approval odds have surged to 95%, alongside Solana and Litecoin, with SEC decisions expected by October.
- A Solana staking ETF is set to launch this week, and more altcoin ETFs could follow later in 2025.
A wave of optimism is sweeping the crypto market as top analysts predict a 95% chance that Solana (SOL), XRP, and Litecoin (LTC) ETFs will receive approval from the U.S. Securities and Exchange Commission (SEC) by October.
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Bloomberg ETF experts Eric Balchunas and James Seyffart increased their approval odds from 90% to 95%, signaling growing confidence in the emergence of altcoin-backed spot ETFs in 2025.
XRP, SOL, and LTC ETFs Could Hit Markets Soon
Balchunas and Seyffart posted their revised forecast on X, stating that multiple spot ETFs—including those tied to SOL, XRP, and LTC—are likely to get the green light later this year. The final SEC decision on these specific ETFs is expected in October, while a broader crypto basket ETF could receive approval as early as this week.
This potential development marks a significant step forward for mainstream crypto adoption, as these ETFs would allow institutional and retail investors to gain exposure to altcoins without directly holding them.
More XRP and Altcoin ETFs Waiting in Line
The analysts also boosted the chances for several other altcoin ETFs—such as Dogecoin (DOGE), Cardano (ADA), Polkadot (DOT), Hedera (HBAR), and Avalanche (AVAX)—assigning each a 90% likelihood of approval in the fourth quarter of 2025.
However, approval odds were lower for ETFs based on newer projects like Sui and Tron, with expectations set at 60% and 50% respectively.
Solana Leads with a Staking ETF Launch
Adding to the bullish outlook, the REX Osprey Solana Staking ETF is officially launching this Wednesday, becoming the first ETF in the U.S. to feature crypto staking. While the SEC initially raised concerns about the fund’s structure, the issuers managed to gain approval by pledging to allocate at least 40% of assets into other exchange-traded products based primarily outside the United States.
SEC Still Cautious on Ethereum and Bitcoin
Despite the positive momentum, the SEC continues to delay decisions regarding staking-based ETFs tied to Ethereum. It also postponed a ruling on the Osprey Bitcoin Trust, reflecting an ongoing cautious approach.
Nonetheless, the prospect of an “altcoin ETF summer” appears more likely than ever, with XRP, SOL, and LTC positioned to lead the next wave of institutional-grade crypto investment products.
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