Solana (SOL) After Approval, Eyes Turned to Other Altcoins! Bloomberg Analysts Revealed the Altcoins with the Highest Approval Probabilities: One of Them is XRP!

robot
Abstract generation in progress

After the Bitcoin and Ethereum spot ETFs in the US, altcoins such as Solana (SOL), XRP, and Litecoin (LTC) are also awaiting approval.

At this point, while the approval of spot altcoin ETFs is expected in 2025, the first approval came for Solana (SOL).

Accordingly, Rex Shares’ CEO stated that the REX-OSPREY Solana ETF, one of the issuer companies applying for the spot Solana ETF, will start trading in the US on Wednesday.

The latest development has sparked an upward movement in the SOL price, and expectations for other altcoin ETFs in the market have also increased.

After Solana, Next in Line are Litecoin (LTC) and XRP!

At this point, analysts estimate that the probability of LTC and XRP spot ETFs being approved in 2025 is 95%.

Fox Business reporter Eleanor Terrett shared on X account that Bloomberg senior ETF analysts James Seyffart and Eric Balchunas revealed their approval predictions for altcoin ETFs.

Eleanor Terrett noted that Balchunas and Seyffart have hit most of their predictions so far.

According to Balchunas and Seyffart, the altcoins with the highest probability of receiving approval from the SEC after Solana are Litecoin and XRP.

According to this, analysts predict that the likelihood of LTC and XRP receiving ETF approval in 2025 is 95%.

Seyffart wrote the following:

"Here are my and Eric Balchunas's latest predictions regarding spot crypto ETF approvals by the end of 2025.

We expect a new wave of ETFs in the second half of 2025.

While Litecoin and XRP are at the top of the list in terms of approval likelihood, each of them is followed by Dogecoin (DOGE), Cardano (ADA), Polkadot (DOT), HBAR, and Avalanche (AVAX) with a 90% probability rate.

Finally, analysts give a 60% probability for SUI, a 50% probability for Tron (TRX) and Pengu.

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

*This is not investment advice.

Follow our Telegram group, Twitter account, and Youtube channel immediately for exclusive news, analyses, and on-chain data! Also, start live price tracking right away by downloading our Android and IOS applications!

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)