Analysts Raise SOL, XRP, and LTC ETF Approval Odds to 95%
Market analysts now estimate a 95% probability that the U.S. Securities and Exchange Commission (SEC) will approve spot exchange-traded funds (ETFs) for Solana (SOL), XRP, and Litecoin (LTC) this year. Bloomberg Intelligence ETF experts Eric Balchunas and James Seyffart revised their forecast upward from 90%, citing growing regulatory clarity.
First U.S. Solana Staking ETF Prepares for Launch
The REX Osprey Solana Staking ETF will debut this week as the first U.S. fund enabling cryptocurrency staking. While the SEC initially raised concerns about the product’s classification, issuers reached a compromise by allocating at least 40% of assets to non-U.S. exchange-traded products.
SEC Delays Decisions on Ethereum and Bitcoin Products
Regulators postponed rulings on two key filings: the Bitwise Ethereum ETF with staking features and the Osprey Bitcoin Trust. These delays suggest the SEC continues to carefully evaluate cryptocurrency investment vehicles.
Key Developments
- Approval likelihood for SOL, XRP, and LTC ETFs increases to 95%
- REX Solana Staking ETF launches Wednesday with modified structure
- SEC extends review periods for Ethereum and Bitcoin products
- Analysts anticipate more altcoin ETF approvals in late 2025
Market Implications
The potential ETF approvals could significantly impact the cryptocurrency market. Increased institutional access to SOL, XRP, and LTC through regulated products may boost liquidity and price stability. However, the SEC’s cautious approach with Ethereum and Bitcoin products indicates ongoing regulatory scrutiny.
