XRP and Solana ETFs on the Verge of SEC Green Light — Experts Put Approval Odds at 95%!

Jakarta, Pintu News – ETF experts from Bloomberg, James Seyffart and Eric Balchunas, predict that 2025 will be a breakthrough year for the crypto world, as optimism grows for the approval of a number of spot cryptocurrency ETFs.

Backed by a surge in applications from financial institutions as well as greater involvement from regulators, a number of prominent digital assets are beginning to emerge as prime candidates in a potentially milestone wave of crypto-based financial products.

High Confidence in Major Tokens in 2025

According to CCN, a wave of optimism surrounds the potential approval of multiple spot crypto ETFs by 2025, with leading digital assets such as Litecoin (LTC), Solana (SOL), XRP , and Dogecoin at the forefront.

Read also: Bitcoin, Ethereum & XRP Price Prediction for July 2025: Ready to Soar?

These coins-along with Cardano , Polkadot , Hedera (HBAR), and Avalanche (AVAX)-have attracted significant institutional interest, with firms such as Grayscale, Canary, 21Shares, and Bitwise having filed S-1 documents.

TheU.S. Securities and Exchange Commission ( SEC) has recognized all 19b-4 filings for these assets, with approval deadlines falling between October and December 2025.

Based on their compliance with commodity standards and involvement in futures trading regulated by the Commodity Futures Trading Commission (CFTC), analysts estimate a 90-95% chance of approval for these featured tokens.

In particular, Litecoin, Solana, and XRP have the highest odds, at 95%, thanks to strong support from various issuers and recognition from the SEC.

Meanwhile, DOGE, ADA, DOT, HBAR, and AVAX are slightly below it, with an estimated chance of 90%, which remains in the strong likelihood of approval category.

Uncertainty Haunts SUI, TRX, and Pengu

While top-tier tokens enjoy a positive outlook, newer or controversial assets face various obstacles.

Sui (SUI), which is backed only by Canary, has an estimated 60% chance of approval and has neither a clear commodity classification from the SEC nor futures trading regulated by the CFTC.

Tron (TRX) and Pengu are in an even weaker position. Both have about 50% odds, with no futures regulation and questions about commodity status according to the SEC.

Importantly, Tron and Pudgy Penguins (PENGU) are not expected to get a final ruling from the SEC until 2026, putting both on a longer regulatory path.

Read also: First Solana Staking ETF in the U.S. Ready to Launch, What’s the Impact?

SEC to Decide on Grayscale Proposal

The nearest important step is the July 2 deadline, where the SEC is scheduled to give a decision on Grayscale’s request to convert its Digital Large Cap Fund (GDLC) into a spot ETF.

The GDLC fund currently manages five major cryptocurrencies-mainly Bitcoin (80.8%), followed by Ethereum , XRP, Solana, and Cardano-with total assets under management(AUM) of $762 million as of June 27.

On Monday (30/6), the SEC has acknowledged Grayscale’s revised S-3 filing, indicating the regulator’s continued engagement.

According to ETF Store President Nate Geraci, the amendment reflects momentum from the regulatory side. If approved, the GDLC could potentially pave the way for single-asset based ETFs for XRP, Solana, Cardano and others in the future.

That’s the latest information about crypto. Follow us on Google News to stay up-to-date on the world of crypto and blockchain technology.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• CCN. XRP, Solana ETF Chance: SEC Approval Experts. Accessed on July 2, 2025
• Cointelegraph. Analysts Tip 95% Chance Solana, XRP, Litecoin ETF. Accessed on July 2, 2025
• Crypto News. Bloomberg Analysts See 95% Chance of Solana, Litecoin, XRP ETF Approvals. Accessed on July 2, 2025