BREAKING: SOL, LTC, XRP ETFs Near Certainty – 95% Approval Odds Say Analysts

Crypto's next institutional stamp of approval is loading...

Wall Street's ETF approval machine is warming up for altcoins—and analysts say it's practically a done deal. Solana, Litecoin, and Ripple's XRP could soon join Bitcoin and Ethereum in the coveted ETF club with a staggering 95% chance of regulatory greenlights.

The institutionalization playbook

Same script, different altcoins. After spot Bitcoin ETFs sucked in $50B+ and Ethereum's approval proved the SEC's 'one-coin exception' was nonsense, the floodgates are creaking open. TradFi's latest crypto cash grab? Packaging these three assets as 'diversified' exposure while skimming those sweet 1-2% management fees.

XRP's legal limbo? Litecoin's 'digital silver' narrative? Solana's post-FTX revival? Apparently none of it matters when BlackRock needs a new product to sell to pension funds. The only surprise here is that the SEC didn't demand a bigger bribe—er, 'comment period'—before rolling over.

Markets haven't priced this in yet (because they're busy chasing the next meme coin). But when these ETFs drop, watch the 'institutional flows' narrative hit overdrive—right before the usual suspects dump their bags on new investors.

SEC’s positive engagement key

Seyffart notes that their decision to raise the odds that the regulator gives a nod to most of the spot crypto ETF filings is down to “engagement from the SEC.” The ETF analysts see developments as “a very positive sign.”

NEW: @EricBalchunas & I are raising our odds for the vast majority of the spot crypto ETF filings to 90% or higher. Engagement from the SEC is a very positive sign in our opinion pic.twitter.com/5dh8G8rK6Y

The SEC has already acknowledged the 19b-4 forms for these applications and likely views the underlying altcoins as commodities, the analysts noted. They also pointed to Commodity Futures Trading Commission-regulated futures markets that already exist for many of these assets.

As for timing, analysts say approvals could arrive within weeks or closer to final deadlines later this year. Most applications have their final SEC decision dates in October and November.

“The timing of these approvals/launches is more uncertain,” Seyffart wrote on X. “Could be something we’re talking about in the next month or two. Or it could be something that waits until October or later.”

Despite the uncertainty around timing, the ETF experts believe it’s a “matter of when, not if.”