XRP News Today: SEC Engagement Boosts Spot Crypto ETF Approval Odds to 90%

Analysts have raised the approval odds for spot crypto ETFs to 90%, citing positive engagement from the U.S. Securities and Exchange Commission (SEC) on June 20, 2025. This development is expected to accelerate the release of new products, influencing market sentiment and cryptocurrency valuations.

Bloomberg analysts James Seyffart and Eric Balchunas have estimated a 90% approval odds for spot crypto ETFs, including offerings from major asset managers. The SEC's constructive approach has been a significant catalyst in this shift. Asset managers like Franklin Templeton have filed ETFs for XRP and Solana, indicating a growing institutional interest in these cryptocurrencies. Market dynamics are evolving with these strategic filings, as noted by Seyffart, who highlighted the very positive engagement from the SEC as a key factor in raising the approval odds.

Institutional investors are anticipating significant market inflows upon the approval of these ETFs. Sal Gilbertie of Teucrium forecasts $8 billion inflows for XRP ETFs, suggesting potential market shifts. The broader impact includes potential liquidity boosts for affected cryptocurrencies. Previous Bitcoin ETF launches have set promising precedents for anticipated performance, supported by historical data.

Past approvals of Bitcoin ETFs in the U.S. marked unprecedented success, echoing current expectations for XRP and Solana. Canadian policies have already allowed spot XRP ETFs, presaging similar actions in the U.S. Market experts predict increased capital inflows and volatility, drawing from earlier precedents of Bitcoin ETF successes. Historical data shows potential for growth across altcoins in scenarios similar to past Bitcoin ETF launches.

The approval odds for several spot cryptocurrency exchange-traded funds (ETFs) have surged to over 90%, attributed to positive engagement from the U.S. Securities and Exchange Commission (SEC). This engagement has been a pivotal factor in boosting the likelihood of approval for these ETFs. Analysts have noted that the SEC's acknowledgment of the 19b-4 forms for these applications and the existence of Commodity Futures Trading Commission-regulated futures markets for many of these assets are indicative of a favorable regulatory environment.

The ETFs in question include those for Solana, Litecoin, XRP, Dogecoin, Cardano, Avalanche, Hedera, and Polkadot. Analysts have assigned a 95% probability of approval within the next six months to crypto basket or index ETF filings by Grayscale, Hashdex, Bitwise, and Franklin Templeton. Many of these applications are approaching their final SEC deadlines in early July, adding to the anticipation surrounding their potential approval.

The positive engagement from the SEC has been seen as a very positive sign by analysts. They believe that the regulator's acknowledgment of the underlying altcoins as commodities and the existence of regulated futures markets for these assets are strong indicators of impending approval. The timing of these approvals, however, remains uncertain. While some analysts suggest that approvals could arrive within weeks, others predict that they might be delayed until October or November, when most applications have their final SEC decision dates.

Despite the uncertainty around the timing, the experts are confident that approval is imminent. They view it as a matter of when, not if, these ETFs will be approved. This optimism is bolstered by the SEC's recent regulatory tone, which has shown increasing openness to cryptocurrency-related financial products. The analysts' forecasts are based on the SEC's positive engagement and the regulatory framework that already exists for many of these assets, making the approval of these spot crypto ETFs a highly likely outcome.