XRP News Today: SEC Raises Odds to 95% for Spot Crypto ETF Approval for Solana, Litecoin, XRP

The U.S. Securities and Exchange Commission (SEC) is increasingly likely to approve spot cryptocurrency exchange-traded funds (ETFs) for Solana (SOL), Litecoin (LTC), and XRP, with analysts James Seyffart and Eric Balchunas raising the odds to 95%. This forecast was updated and shared on X on June 20, 2025, reflecting a significant shift in the regulatory landscape for these digital assets.

The analysts' optimism is grounded in the SEC's recent engagement with these filings, which they interpret as a very positive sign. The SEC has acknowledged the 19b-4 forms for these applications, indicating that the underlying altcoins are viewed as commodities. This perspective is further supported by the existence of Commodity Futures Trading Commission-regulated futures markets for many of these assets.

In addition to the high approval odds for SOL, LTC, and XRP, other crypto ETF filings, including those for Dogecoin, Cardano, Avalanche, Hedera, and Polkadot, are also expected to have a 90% chance of approval in 2025. Furthermore, crypto basket or index ETF filings by Grayscale, Hashdex, Bitwise, and Franklin Templeton have a 95% probability of approval within the next six months. Many of these applications are nearing their final SEC deadlines in early July.

The timing of these approvals remains uncertain, with analysts suggesting that they could arrive within weeks or closer to the final deadlines in October and November. Despite this uncertainty, Seyffart and Balchunas believe that approval is inevitable, stating that it is a matter of when, not if. This sentiment is bolstered by the positive engagement from the SEC, which has been a key factor in raising the odds of approval for these spot crypto ETF filings.