XRP News Today: Bloomberg Predicts 100% Approval Likelihood for XRP, Solana, Litecoin ETFs by October 2025

Generated by AI AgentCoin World
Tuesday, Jul 1, 2025 5:21 am ET2min read

Bloomberg has significantly increased the likelihood of SEC approval for spot ETFs tied to

, (SOL), and (LTC), signaling a pivotal shift in crypto asset institutionalization. This optimism stems from the SEC’s ongoing review process and the increasing number of filings from prominent . Firms such as Grayscale, Bitwise, and Canary have submitted multiple applications, underscoring a robust institutional push toward diversifying crypto exposure beyond . These filings, primarily dated for early 2025, align with Bloomberg analysts’ “Likely Yes” commodity classification, reinforcing the expectation that these assets will join the ETF landscape by October 2025.

While XRP, SOL, and LTC lead the pack, other cryptocurrencies like

, , , Hedera Hashgraph (HBAR), and Avalanche are also pursuing ETF approvals. However, their later filing deadlines and less certain regulatory status place them behind the frontrunners. Additionally, emerging assets such as , (TRX), and Pengu face significant hurdles due to ambiguous commodity classifications and lower approval probabilities, estimated between 50-60%. These factors contribute to extended timelines, pushing potential market entry into 2026 or beyond.

The introduction of REX Osprey’s Solana Staking ETF marks a groundbreaking development in U.S. crypto investment products, enabling direct staking exposure within an ETF structure. Despite initial SEC objections related to investment company qualifications, the issuer negotiated a solution by allocating 40% of the fund’s assets into offshore exchange-traded products (ETPs). This strategic move enabled regulatory approval, allowing U.S. investors to gain staking rewards through a regulated vehicle. The launch, scheduled for this Wednesday, represents a significant innovation in the ETF space, potentially setting a precedent for future staking-related products.

Contrasting the Solana ETF’s progress, the SEC has postponed decisions on the Bitwise spot Ether ETF and the Osprey Bitcoin Trust. This delay highlights ongoing regulatory caution, particularly regarding staking mechanisms associated with

. The SEC’s hesitance underscores the complexities of approving ETFs that incorporate staking rewards, reflecting a need for further clarity and compliance assurances within the evolving regulatory framework.

In a notable development outside the U.S., Brazil is set to launch GBTC11, a hybrid ETF combining Bitcoin and gold, on the B3 exchange starting July 29. Managed by Hashdex and Buena Vista Capital, this ETF employs a dynamic allocation strategy that adjusts exposure based on market conditions—boosting gold holdings during crypto downturns and increasing Bitcoin exposure when gold underperforms. This innovative approach aims to optimize risk-adjusted returns, offering investors a diversified and resilient product in the emerging Latin American crypto market.

GBTC11’s launch exemplifies the growing sophistication and geographic diversification of crypto ETFs. By integrating traditional safe-haven assets like gold with volatile cryptocurrencies, the fund addresses investor demand for balanced risk management. Brazil’s proactive stance in embracing such hybrid products positions it as a leader in the global crypto ETF landscape, potentially inspiring similar innovations in other emerging markets.

The heightened approval odds for XRP, Solana, and Litecoin ETFs, coupled with pioneering products like the REX Osprey Solana Staking ETF and Brazil’s GBTC11 hybrid fund, signal a maturing crypto ETF ecosystem. Institutional momentum and regulatory progress are converging to broaden investor access to diverse crypto assets within regulated frameworks. While regulatory challenges remain, especially concerning staking-related products, these developments underscore a positive trajectory for crypto ETFs globally. Investors should monitor these evolving opportunities closely as they reshape the

investment landscape.