Bloomberg ETF analysts estimate a 90% chance of SEC approval for a Litecoin spot ETF in 2025, while Solana's approval odds stand at 70%, with XRP and Dogecoin at 65% and 75% respectively.
According to Bloomberg ETF analysts James Seyffart and Eric Balchunas, the chances of SEC approval for cryptocurrency ETFs in 2025 are looking promising. Here's a breakdown of the estimated approval odds:
- *Litecoin (LTC)*: 90% chance of approval, likely due to its classification as a commodity and similarities to Bitcoin, which already has an approved spot ETF.
- *Solana (SOL)*: 90% chance of approval, also classified as a commodity, which might contribute to its high odds.
- *XRP*: 85% chance of approval, despite ongoing legal battles between Ripple and the SEC. Some analysts believe the litigation might not significantly impact the ETF approval.
- *Dogecoin (DOGE)*: 80% chance of approval, possibly due to its solidified status as an investment vehicle with a multi-billion dollar market capitalization.
- *Cardano (ADA)* and *Avalanche (AVAX)*: 75% chance of approval.
It's worth noting that Polymarket estimates slightly differ, with Solana's approval odds at 83% and XRP's at 80%. The SEC is expected to make decisions on these ETFs by the end of 2025, with some potential approvals in the fourth quarter.#Trump100Days $BTC