Solana·Litecoin·XRP, 95% Chance Of Spot ETF Approval This Year"…Regulatory Stance Change Is Key
Another turning point is approaching in the cryptocurrency market. Bloomberg ETF specialist analysts Eric Balchunas and James Seyffart predicted on the 1st (local time) through their X accounts that the spot ETFs for major altcoins such as Solana (SOL), Litecoin (LTC), and XRP (XRP) have a 95% chance of being approved this year. This is based on the judgment that the U.S. Securities and Exchange Commission (SEC) is more likely to show a flexible stance due to changes in the regulatory environment.
Seyffart explained that, in addition to the futures-based products already approved by the U.S. Commodity Futures Trading Commission (CFTC), there is room for spot-based products to be included under the SEC's new regulatory framework. He stated that after reviewing some recent data, he and Balchunas derived figures reflecting the possibility of approval in the second half of 2025.
According to the data he revealed, Solana, Litecoin, and XRP were given a 95% approval probability, while other major altcoins such as Dogecoin (DOGE), Cardano (ADA), Polkadot (DOT), Avalanche (AVAX), and Hedera Hashgraph (HBAR) recorded a possibility of around 90%.
This is interpreted as a signal predicting the full-scale inflow of institutional funds. Previously, with the approval of Bitcoin and Ethereum spot ETFs, and if various altcoin ETFs also enter the regulated sector, a structural expansion of the cryptocurrency market seems inevitable. From the investor's perspective, if these coins are listed as ETF products, liquidity and accessibility will rapidly improve, which can be an important turning point in establishing a mid- to long-term investment strategy.