Solana, XRP and Dogecoin ETF Approvals in 2025 Are a Near Lock, Analysts Say
The post Solana, XRP and Dogecoin ETF Approvals in 2025 Are a Near Lock, Analysts Say appeared on BitcoinEthereumNews.com.
In brief Top analysts are near-certain that numerous crypto spot ETF applications, including Dogecoin, Solana, and XRP, will be approved by year’s end. James Seyffart, an ETF analyst at Bloomberg, said the approvals could come next month or by the late fall—but that regardless, the question at hand is now “when not if.” Other altcoin ETFs expected to begin trading on Wall Street include Litecoin, Cardano, Polkadot, and Avalanche. Two top Wall Street analysts are confident many top altcoins ETFs will imminently be approved for trading—so confident, they’ve now estimated the likelihood of such spot approvals coming before the end of the year at almost 100%. Solana, XRP, and Litecoin spot ETFs are near-locks at 95% odds of approval from the U.S. Securities and Exchange Commission by the end of 2025, the analysts, Eric Balchunas and James Seyffart of Bloomberg, wrote Friday. Dogecoin, Cardano, Polkadot, Hedera, and Avalanche spot ETF applications are also sitting quite pretty, according to the analysts, with 90% chance of approval by year end. If the above altcoin ETF applications receive an SEC green light in the coming months, then the development would mark a substantial milestone in the history of Wall Street. Thus far, the agency has approved only two categories of crypto spot ETFs: Bitcoin and Ethereum. The success of those funds has spurred additional demand for crypto-focused ETFs and other related investment products. Spot Bitcoin ETFs now manage well over $100 billion in assets, with BlackRock’s iShares Bitcoin Trust (IBIT) reaching $70 billion in AUM faster than any fund in history, based on company data. Crypto’s two top tokens have long been considered to belong to a league of their own in terms of legitimacy, stability, and staying power, and even their approval for mainstream trading was no easy feat. Among the current…
Filed under: News - @ June 21, 2025 12:25 am