Bloomberg Analysts See 95% Probability of Solana, Litecoin, XRP ETF Approvals This Yr

Bloomberg ETF analysts have sharply raised expectations for US approval of spot exchange-traded funds monitoring Solana, Litecoin, and XRP, now pegging the chances at 95%.

Key Takeaways:

• Analysts see a 95% probability of Solana, XRP, and Litecoin ETFs being authorized by the SEC this 12 months.
• A crypto index ETF might achieve approval as quickly as this week, signaling broader institutional entry to altcoins.
• The primary US Solana staking ETF will launch Wednesday, however Ethereum staking ETF approvals stay delayed.

In an X submit on June 1, ETF specialists Eric Balchunas and James Seyffart mentioned they see a wave of recent crypto ETFs hitting the market within the second half of 2025, lifting earlier approval odds from 90% to close certainty for these three altcoins.

The analysts additionally assigned 95% odds to the approval of an ETF monitoring a basket of crypto belongings, hinting at broader institutional entry to altcoins.

Crypto Index ETF Approval Might Arrive This Week: Bloomberg

Whereas the SEC’s last deadline for selections on Solana, XRP, and Litecoin ETFs arrives in October, a crypto index ETF might safe approval as quickly as this week, the pair famous.

Different altcoins might additionally see ETF merchandise quickly, although with barely decrease odds.

Balchunas and Seyffart forecast 90% approval probabilities for Dogecoin, Cardano, Polkadot, Hedera, and Avalanche spot ETFs, with SEC selections anticipated by year-end.

ETFs proposed by Canary Capital for Sui and Tron confronted extra uncertainty, with approval odds set at 60% and 50% respectively.

Including to the momentum, Bloomberg reported Monday that the REX Osprey Solana Staking ETF will formally launch on Wednesday, marking the primary US-listed fund to include crypto staking.

The ETF cleared regulatory hurdles after issuers agreed to take a position a minimum of 40% of belongings in different exchange-traded merchandise, primarily primarily based abroad, to handle SEC considerations over its funding firm standing.

Regardless of progress on altcoin ETFs, Ethereum staking stays on maintain. On Monday, the SEC delayed its determination on whether or not Bitwise’s proposed spot Ether ETF might embrace staking, and equally postponed a choice on the Osprey Bitcoin Belief’s itemizing and buying and selling plans.

70 Crypto ETFs Ready Approval

In April, Bloomberg analyst Eric Balchunas revealed that greater than 70 cryptocurrency ETFs are presently awaiting evaluate by the SEC.

The lineup encompasses a broad vary of digital belongings past Bitcoin, together with XRP, Litecoin, Solana, Dogecoin, and varied crypto derivatives.

Based on Balchunas, spot ETF functions for XRP and Solana are among the many hottest within the present wave, with 10 establishments making use of for XRP-based ETFs and 6 for Solana.

As reported, digital asset funding funds pulled in $2.7 billion final week, capping an 11-week streak of inflows that now totals $16.9 billion.

The majority of the inflows got here from the US, accounting for $2.65 billion.

Switzerland and Germany recorded modest additions of $23 million and $19.8 million, respectively, whereas Canada, Hong Kong, and Brazil posted small outflows.

Bitcoin remained the first magnet for capital, drawing $2.2 billion final week, a commanding 83% of whole inflows, whereas short-Bitcoin merchandise prolonged their year-to-date outflows to $12 million, signaling broad optimism for Bitcoin’s prospects.

Ethereum adopted with $429 million in inflows, boosting its yearly whole to $2.9 billion, whereas Solana has attracted simply $91 million to this point this 12 months, highlighting a big hole in investor confidence.

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