š XRP & Solana ETFs: 95% Chance of SEC Approval This Year
šļøKey Points:
⢠LTC, SOL, XRP: 95% approval odds.
⢠SEC has acknowledged filings; final decisions due OctāDec 2025.
⢠Major asset managers like Grayscale, Bitwise, VanEck, and 21Shares are driving momentum by filing multiple applications.
š„ Surge of Institutional Interest in 2025
ā¢Widening ETF Race
Optimism is sky-high for spot crypto ETF approvals in 2025, with top tokens like:
ā¢Litecoin (LTC)
ā¢Solana (SOL)
ā¢Ripple (XRP)
ā¢Dogecoin (DOGE)
ā¢Other popular chains, Cardano (ADA), Polkadot (DOT), Hedera (HBAR), and Avalanche (AVAX), are also attracting serious institutional filings.
šWhoās Filing?
Grayscale, 21Shares, Canary & Bitwise have filed S-1s; SEC has acknowledged all 19b-4s, starting the clock.
ā³SEC Time line:
Final ETF decisions expected OctāDec 2025, matching past BTC & ETH cycles.
š Probabilities: Whoās Most Likely to Get Approved?
š„ Top picks 95%:
ā¢LTC, SOL, XRP: 95% approval odds.
ā¢CFTC futures, strong filings, smooth SEC reviews.
š„Still Strong 90%:
ā¢DOGE, ADA, DOT, HBAR, AVAX: 90% odds.
ā¢Backed by institutions & futures, but slight concerns on liquidity & manipulation
š° Assets Facing Uncertainty:
SUI: ~60% odds. No SEC commodity clarity, no CFTC futures.
TRX & Pengu: ~50% odds. No futures, unclear status. SEC decision likely delayed to 2026.
šļø Grayscaleās Big July Catalyst
ā³ Immediate Decision Coming
The SEC faces a July 2 deadline to rule on Grayscaleās request to convert its Digital Large Cap Fund (GDLC) into a spot ETFs
š¼ Why It Matters
The GDLC fund holds a diversified basket:
ā¢Bitcoin (80.8%)
ā¢Ethereum (ETH)
ā¢XRP, Solana & Cardano (ADA)
ā¢Total AUM: $762 million (as of June 27).
āļø SEC Update: Acknowledged Grayscaleās S-3; approval could unlock XRP, SOL, ADA ETFs.
š Summary: XRP, SOL, LTC at 95% approval odds; GDLC ruling July 2 may spark the next ETF surge.
#NextBigThing #ETFSeason #InstitutionalCrypto