Analysts raise the chance of approval for SOL, XRP, and LTC ETFs to 95%.

Analysts in the crypto ETF field are making optimistic predictions about the future of Solana, Litecoin, and XRP ETFs, with a 95% chance of being approved by the Securities and Exchange Commission (SEC) this year. This is promising news for investors and the cryptocurrency community, reflecting the positive trend developing in the financial market.

Experts' Forecast

Eric Balchunas and James Seyffart, two leading ETF experts from Bloomberg, recently shared an in-depth analysis on x, in which they adjusted their forecast regarding the likelihood of altcoin ETF funds, including Solana, Litecoin, and XRP, being approved by the SEC. According to these experts, the probability of these funds being approved by the SEC has increased from 90% to 95%. This change not only reflects the strong development of the cryptocurrency market but also serves as a clear testament to the gradual removal of legal barriers to financial products related to cryptocurrency.

Seyffart also predicts: "We expect a new wave of ETFs in the second half of 2025," indicating that not only the current products but also future ETF funds will continue to receive significant interest from the SEC and investors.

In addition to the three prominent ETFs: Solana, Litecoin, and XRP, experts also believe that other altcoin spot funds, such as Dogecoin, Cardano, Polkadot, Hedera, and Avalanche, will have an approval rate of up to 90%. The final decisions on these ETFs are expected to be announced in Q4 of this year, opening up significant opportunities for smaller cryptocurrency projects to be listed and traded on major exchanges.

Altcoin ETF Wave: Is It Time to Explode?

The emergence of altcoin ETFs is becoming a prominent trend in the crypto community. These exchange-traded funds are not just simple investment tools but also help investors access and trade cryptocurrencies easily without needing to own them directly. This minimizes security risks and technical issues, especially for those who are not deeply familiar with blockchain technology, while increasing liquidity for the entire market.

In addition, if the SEC approves spot altcoin ETFs, it will be a strong signal that the regulatory agency has begun to recognize the legitimacy and maturity of the cryptocurrency market. The launch of these funds will not only help promote the popularity of cryptocurrencies but also open up investment opportunities for those who have never participated in the market, making cryptocurrencies more accessible to a wider range of investors.

However, despite positive signals, the SEC remains cautious in approving cryptocurrency ETF funds. The agency has delayed decisions on several important issues, including whether Bitwise's Ether ETF can include staking functionality. Additionally, the SEC is not yet ready to approve products related to Ethereum staking, leaving many investors still waiting for a final decision.

A notable point is that the REX Osprey Solana Staking ETF has become the first fund in the United States to allow cryptocurrency staking. This fund had to overcome many legal challenges to be approved, including agreeing to invest at least 40% of its assets in other ETPs, most of which are based outside the United States. Nevertheless, the launch of this product is seen as an important step forward, creating new opportunities for investors who want to participate in the cryptocurrency market without facing complex technological risks.

Justin