The LTC and SOL ETF applications are given the best opportunities for approval-in front of XRP, ADA and Doge
- Bloomberg analysts give Litecoin and Solana ETFs a 90 percent chance of approval due to their history and regulatory conformity.
- The SEC decisions about the requested altcoin ETFs are expected before the end of 2025.
Litecoin and Solana have led the ongoing race for crypto ETFs in the United States, with the analysts of Bloomberg ascribe a 90 percent probability of approval. The assessments come at a time when the discussions about crypto -based investment products become more intensive and the attention again draws attention to the SEC approach to regulate digital assets.
The analysts Eric Balchunas and James Seyffart provided updated probation probabilities for several Altcoin ETFs that indicate that assets that are recognized by the US regulatory authorities as goods will soon be successful.
Would love to hear directly from Atkins, but all good chance of happening. Here’s our latest odds of approval for all the dif spot ETFs via @Jseyff https://t.co/nLhYJJmO9U pic.twitter.com/4AcJVwhics
— Eric Balchunas (@EricBalchunas) April 30, 2025
The update follows for months of speculation within the crypto industry, which are the next products for stock markets. According to a graphic shared by Balchuna’s, Litecoin (LTC) and Solana (Sol) are the most likely candidates for admission. Their classification as raw materials both through the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) supposedly play a central role in this assessment.
More secure for Litecoin and Solana
As far as the legal question is concerned, Litecoin and Solana are in a better position because they do not raise any questions regarding their securities status. They were perceived as commodities, which means that the associated compliance problems are low and easy to solve to satisfy the Sec. That contributed to the 90% approval chance mentioned by the Bloomberg analysts.
According to Litecoin and Solana, XRP follows with a probability of admission of 85 % as well as Dogecoin and Cardano with 80 % and 75 %. Polkadot, Hedera (Hbar) and avalanche are also listed in the approval forecast with similar probabilities.
It is important to note that these estimates are more likely to reflect the forecasts of the analysts than the official forecasts of the SEC and be adapted in view of changing regulations.
Nevertheless, there are still some questions regarding the time plan for admission. James Seyffart added that most of the decisions about applications for Altcoin ETFs are expected to be made in the fourth quarter of 2025. The authority continued to act carefully, as was observed in the examination of Bitcoin and Ethereum-based ETFs.
Seyffart also pointed out that further permits, including the ETFs of Solana and Hedera, could take longer. The SEC has not made any final resolutions nor mentioned certain appointments. Therefore, an early laying down, despite increasing market expectations, may not be feasible.
Rumors about a possible XRP ETF introduction in April were recently addressed by Seyffart, who made it clear that such reports were incorrect. Proshares, which had previously reported on an XRP fund, has not confirmed a schedule for the laying on. The lack of an official statement underlines the flowing character of ongoing ETF developments.
Analysts see public statements and SEC Working Tenders as key factors
Former and current employees of the SEC continue to be active and emit comments that influence public opinion. Eric Balchunas emphasized that the former Sec Commissioner Paul Atkins has expressed a positive statement about crypto ETFs in the past. Although Atkins has not commented on the latest submissions, his position could indicate a more relaxed approach by the regulatory authorities.
However, the SEC has not decreased to rigorously evaluate all applications. This has been shown in all matters of the Bitcoin and Ethereum ETFs. All of these permits were given after numerous delays and after checking details, which indicates that similar conditions for Altcoin products are possible.
This means that the focus is gradually moving to Altcoin ETFs, as more and more investors pay attention to these financial instruments. Since Bitcoin and Ethereum offer institutional products, asset managers and market observers begin to deal with other crypto products. In his report, Bloomberg shows that investors’ demand applies not only to large coins for extended accessibility.
The ETF race is now at a critical point: Litecoin and Solana are now the biggest favorites. Nevertheless, it depends on how the regulatory authority looks at other legal, technical and structural factors that are required for legal approval. At the moment token who are considered commodities have a higher chance of being recognized.
No Comments