XRP News Today: Analysts Boost Approval Odds for Solana Litecoin XRP ETFs to 95%

Analysts have significantly increased the likelihood of approval for spot exchange-traded funds (ETFs) tracking Solana, Litecoin, and XRP in the United States, now estimating a 95% chance. This marks a substantial rise from the previous 90% odds, indicating a near-certainty of approval for these three altcoins. The analysts also anticipate a 95% probability for the approval of an ETF that tracks a basket of crypto assets, suggesting broader institutional access to altcoins.

According to the analysts, a crypto index ETF could secure approval as early as this week. This development signals a potential wave of new crypto ETFs hitting the market in the second half of 2025. The final deadline for the SEC's decisions on Solana, XRP, and Litecoin ETFs is in October, but the approval of a crypto index ETF this week could pave the way for other altcoins to follow suit.

Other altcoins, such as Dogecoin, Cardano, Polkadot, Hedera, and Avalanche, are also expected to see ETF products soon, with approval chances forecasted at 90%. However, ETFs proposed by Canary Capital for Sui and Tron face more uncertainty, with approval odds set at 60% and 50%, respectively.

Adding to the momentum, the REX Osprey Solana Staking ETF is set to launch on Wednesday, marking the first US-listed fund to incorporate crypto staking. This ETF cleared regulatory hurdles after issuers agreed to invest at least 40% of assets in other exchange-traded products, mainly based overseas, to address SEC concerns over its investment company status.

Despite the progress on altcoin ETFs, Ethereum staking remains on hold. On Monday, the SEC delayed its decision on whether Bitwise’s proposed spot Ether ETF could include staking, and similarly postponed a decision on the Osprey Bitcoin Trust’s listing and trading plans.

In April, it was revealed that more than 70 cryptocurrency ETFs are currently awaiting review by the SEC. The lineup features a broad range of digital assets beyond Bitcoin, including XRP, Litecoin, Solana, Dogecoin, and various crypto derivatives. Spot ETF applications for XRP and Solana are among the most popular in the current wave, with 10 institutions applying for XRP-based ETFs and six for Solana.