Key Takeaways:
- Analysts now estimate a 95% chance of SEC approval for Solana, XRP, and Litecoin ETFs by October, with similar odds for a crypto basket ETF.
- Broader altcoin ETFs, including DOGE, ADA, DOT, HBAR, and AVAX, are forecasted at 90% approval likelihood, while SUI and TRX ETFs face lower odds.
- The REX Osprey Solana Staking ETF, launching this week, becomes the first U.S. staking-based crypto ETF after navigating SEC regulatory concerns.
Analysts have raised the approval odds for several crypto exchange-traded funds (ETFs), predicting a 95% chance that Solana (SOL), XRP, and Litecoin (LTC) spot ETFs will be approved by the U.S. Securities and Exchange Commission (SEC) in 2025.
Bloomberg ETF analysts Eric Balchunas and James Seyffart expect a wave of new ETF approvals in the second half of the year, with decisions on the SOL, XRP, and LTC ETFs expected by October.
Here are mine and @EricBalchunas' most recent odds on spot crypto ETF approvals by the end of 2025. We expect a wave of new ETFs in this second half of 2025. pic.twitter.com/H3pxJhqMy3
— James Seyffart (@JSeyff) June 30, 2025
A crypto basket ETF could gain approval even sooner, potentially within the week.
Analysts also gave a 90% approval likelihood for altcoin ETFs tied to Dogecoin (DOGE), Cardano (ADA), Polkadot (DOT), Hedera (HBAR), and Avalanche (AVAX).
However, applications for Sui (SUI) and Tron (TRX) ETFs by Canary Capital received lower odds, at 60% and 50%, respectively.
Meanwhile, the REX Osprey Solana Staking ETF is set to launch this Wednesday, becoming the first staking-based crypto ETF in the U.S.
Coming Soon: The First-Ever Staked Crypto ETF in the U.S.!
— REX Shares (@REXShares) June 27, 2025
Introducing the REX-Osprey™ SOL + Staking ETF, designed to track the performance of Solana while generating yield through on-chain staking.
✔️ SOL exposure
✔️ Staking rewards
A new era of yield-generating crypto… pic.twitter.com/I8yIEqiI5R
To secure approval, issuers agreed to allocate at least 40% of fund assets into other exchange-traded products, mostly non-U.S. based.
Separately, the SEC delayed decisions on both the Bitwise spot Ether ETF staking component and the Osprey Bitcoin Trust, showing continued regulatory caution.
About The Author
Efe Bravo, a seasoned journalist, delivers compelling insights into the cryptocurrency and blockchain industry.
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