Expert Predicts Potential Summer Launch for XRP, DOGE, LTC, and SOL ETFs

Last year's launch of Bitcoin and Ethereum spot ETFs in the US significantly impacted the crypto market, with Trump's pro-crypto stance and a supportive regulatory environment fostering hope for numerous altcoin-based financial vehicles on Wall Street.

Now, with over 70 applications pending with the Securities and Exchange Commission, Bloomberg’s ETF expert, Eric Balchunas, anticipates many could be approved this summer. The forthcoming months may see the birth of crypto ETFs tracing LTC, XRP, SOL, and DOGE. Polymarket predicts a 79% chance for an XRP ETF to be approved by year-end, dropping to 42% by July 31.

Ripple leads with the most ETF applications, with a few futures-based ones already approved. The odds for DOGE, SOL, and LTC ETFs stand at 68%, 78%, and 78% respectively by the end of the year.