XRP now has a 95% chance of ETF approval due to strong filings and better SEC engagement.
Solana Litecoin and Cardano also show high ETF approval odds with strong backing and regulatory clarity.
Analysts expect ETF decisions to come by October showing growing support for more crypto based investment products.
Bloomberg analysts have raised the chances of crypto ETF approvals in 2025. XRP now tops the list with a 95% probability. This figure marks a significant jump from earlier projections that placed the odds around 75% or lower.
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The main reason behind the shift is the SEC’s improved engagement with ETF filings. According to experts, the increased communication signals a higher likelihood of approval. XRP's recent classification as a commodity has also strengthened its position.
XRP Filing Gains Momentum Ahead of October Deadline
XRP’s ETF application was filed on January 30, 2025. Major financial firms like Grayscale, Bitwise, and Franklin are supporting the proposal. The SEC acknowledged the filing, with the final deadline for a decision set for October 17, 2025.
Regulators currently view XRP as a commodity, which adds to its approval chances. Analysts also pointed out that XRP has CFTC-regulated futures already in the market. This adds regulatory clarity and supports the ETF case.
Other Tokens Also Show Strong Approval Chances
Alongside XRP, other tokens such as Solana, Litecoin, and Cardano are showing strong potential. Each of them now has a 90–95% forecast for approval. These assets have multiple backers and were part of early filings.
Solana’s final SEC deadline is October 10, 2025. Like XRP, it benefits from being treated as a commodity and having CFTC-regulated futures. These conditions improve the chances for spot ETF approval.
However, not all tokens are seeing the same momentum. SUI and Tron are examples with lower chances. SUI’s approval odds stand at just 60%, and it lacks a futures market. Tron’s ETF filing is still pending and not expected until 2026.
Timeline Remains Flexible but Momentum Builds
Analysts believe ETF approvals could come as early as summer. If not, final decisions may arrive in October or later. The growing regulatory engagement suggests that approval is more a matter of time.
The rise in approval odds points to a changing regulatory approach. It also highlights increasing institutional interest in digital assets. XRP’s climb to the top reflects a broader shift in market perception.
Industry figures expect major firms like BlackRock to enter the space. Their involvement could add credibility and influence the speed of ETF rollouts. The developments signal a strong push toward mainstream acceptance of crypto ETFs.
