The post Which Crypto ETF Will Be Approved First in 2025? appeared on BitcoinEthereumNews.com.

The race to secure approval for crypto ETFs is heating up as the US SEC continues evaluating applications. Following the success of Bitcoin and Ethereum ETFs, attention has shifted to altcoins such as Solana (SOL), XRP, Litecoin (LTC), and Hedera (HBAR). Market analysts and industry insiders are debating which crypto ETF will gain approval first in 2025. Crypto ETF’s: Rising Confidence in Solana ETFs Polymarket, a prediction market built on blockchain, estimated an 85% chance of the US SEC approving Solana ETFs by the end of 2025. This is an upward revision from the earlier estimation of 45%, depicting enhanced confidence among the investors. Grayscale, VanEck, and Bitwise are some of the big names in the asset management industry that have submitted proposals for Solana ETFs, which shows that more and more institutions are coming into the space. However, the recent classification of SOL as security by the US SEC in its ongoing legal battles has created some element of risk in the process. Experts say this could cause delay in approval even though there is a high demand for the two products. Another factor that has increased confidence is the recent filing made by Volatility Shares for Solana futures ETFs. However, these futures are not currently available on regulated exchanges, but this is seen as a positive move towards the listing of Solana-based financial derivatives. Litecoin and Hedera ETFs Seen as Frontrunners Bloomberg analysts Eric Balchunas and James Seyffart predict that crypto ETFs such as Litecoin and Hedera ETFs are more likely to gain approval before Solana and XRP. The lack of regulatory issues makes Litecoin and Hedera advantageous, according to them. Solana and XRP, on the other hand, have been classified as securities by the SEC, which makes their regulatory journey more challenging for them. Critics have noted…

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Filed under: News - @ January 4, 2025 12:08 am