LTC Leads the Charge: Litecoin, Solana, and XRP ETFs Poised for 2025 Approval

Bloomberg’s Senior ETF Analyst Eric Balchunas has updated his insights on the likelihood of spot cryptocurrency ETFs gaining SEC approval by 2025. Litecoin (LTC), Solana (SOL), and XRP are among the top contenders, with some coins having a 90% chance of regulatory clearance. This development signals a significant milestone for the crypto market, as ETF approvals could pave the way for broader institutional adoption and mainstream acceptance. The analysis highlights the growing confidence in these digital assets, with LTC emerging as a frontrunner in the race for regulatory approval. As the crypto landscape continues to evolve, the potential approval of these ETFs could mark a turning point for the industry, offering investors new avenues for exposure to digital assets.

Litecoin, Solana, XRP Among Top Crypto ETFs Set for 2025 Approval

Bloomberg’s Senior ETF Analyst Eric Balchunas has provided updated insights on the likelihood of various spot cryptocurrency ETFs gaining approval from the U.S. Securities and Exchange Commission (SEC). The analysis highlights strong prospects for several digital assets, with some coins boasting a 90% chance of regulatory clearance by 2025.

Key cryptocurrencies under consideration include Litecoin (LTC), Solana (SOL), and XRP, all of which have emerged as frontrunners in the race for ETF approval. Balchunas noted the absence of direct SEC confirmation but expressed Optimism based on current indicators. Market participants are closely monitoring developments, as ETF approvals could significantly impact liquidity and institutional adoption.

SEC Delays Decision on Dogecoin and XRP ETFs Amid Growing Crypto Fund Applications

The U.S. Securities and Exchange Commission has deferred its decision on proposed ETFs tied to Dogecoin and XRP, pushing the timeline to June. NYSE Arca and Cboe BZX, which sought to list funds by Bitwise and Franklin Templeton, face continued uncertainty. Meanwhile, Nasdaq has entered the fray with a 21Shares-backed Dogecoin ETF application, signaling sustained institutional interest in meme assets.

Dogecoin’s $26 billion market cap and XRP’s $133 billion valuation underscore the high-stakes nature of these delays. The SEC currently holds nearly 70 pending crypto ETF applications, ranging from established assets like Solana and Litecoin to niche offerings including meme-themed tokens.

Crypto Rebounds From Early Declines Alongside Reversal in U.S. Stocks

Cryptocurrencies staged a mid-session recovery on Wednesday, mirroring a turnaround in U.S. equities after early weakness. Bitcoin (BTC) pared losses to trade at $94,700, down just 0.4% after briefly falling nearly 2% during the stock market’s morning selloff.

Altcoins underperformed the benchmark cryptocurrency, with the CoinDesk 20 Index sliding 2%. Litecoin (LTC), Ripple (XRP), Avalanche (AVAX) and Chainlink (LINK) each dropped roughly 4% before recouping some losses. Crypto-related equities edged lower, with bitcoin miner Hut 8 (HUT) sliding 5.7%.

The reversal came as major stock indices erased early 2% declines triggered by disappointing economic data. The correlation between crypto and traditional markets remains pronounced as institutional participation grows.