XRP News Today: XRP, Solana, Litecoin ETF Approval Odds Surge to 95% Amid Regulatory Clarity

The prospects for Exchange Traded Funds (ETFs) focused on XRP, Solana (SOL), and Litecoin (LTC) have significantly improved as regulatory clarity in the cryptocurrency space continues to grow. The approval odds for these ETFs have surged to 95%, driven by the increasing regulatory clarity and the growing acceptance of cryptocurrencies by U.S. states. This regulatory progress has created a favorable environment for these assets, making them more attractive to institutional investors. The concentrated timeline for potential approvals, with specific predictions indicating a 68% chance of approval by July 31, 2025, has added urgency for institutional positioning.

Major financial firms including Grayscale, Bitwise, and Canary have already filed multiple applications for XRP, SOL, and LTC ETFs. This institutional presence adds weight to their potential approval. Additionally, a second-tier group—including Dogecoin, Cardano, Polkadot, HBAR, and Avalanche—also shows promise. However, their later filings and extended deadlines place them slightly behind the frontrunners. Meanwhile, lesser-known assets like SUI, Tron (TRX), and Pengu face mounting challenges. Their unclear commodity status and lower approval probabilities (50-60%) reflect higher regulatory risks. Moreover, their ETF filing timelines stretch into 2026, delaying possible market entry.

The growing optimism is also reflected in prediction markets, where bettors assign a high probability for the approval of XRP and SOL ETFs. Analysts now estimate the chances of U.S. spot ETFs for XRP and SOL to be as high as 95%. This optimism is bolstered by the fact that Ripple has dropped its appeal and Canada has already approved XRP ETFs, setting a precedent for other regions. The utility of XRP in cross-border payments and its fast transaction speeds have also contributed to its strength in the market. The approval of ETFs for these digital assets could further enhance their utility and attractiveness to institutional investors.

The regulatory clarity and renewed interest from institutions have positioned XRP, SOL, and LTC as strong candidates for ETF approvals. The growing acceptance of cryptocurrencies by regulatory bodies and the increasing demand from institutional investors have created a favorable environment for these digital assets. As the regulatory landscape continues to evolve, the prospects for ETFs based on these assets are expected to improve further, making them an attractive option for institutional investment.

In a significant development, the REX Osprey Solana Staking ETF is set to launch in the United States. This will be the first ETF in the U.S. that allows staking of crypto assets. However, the SEC initially objected post-registration, citing investment company qualification issues. Consequently, issuers agreed to allocate 40% of assets into non-U.S. domiciled ETPs to secure approval. At the same time, the SEC delayed decisions on both the Bitwise spot Ether ETF and the Osprey Bitcoin Trust. This shows the regulator is still hesitant on staking-related approvals for Ethereum.

Brazil is also expanding its crypto ETF frontier with the launch of GBTC11, a hybrid Bitcoin and gold ETF, on Brazil’s B3 exchange. This ETF will dynamically adjust its allocation based on market trends. Hence, Gold exposure rises during crypto downturns while Bitcoin exposure increases during gold lulls. Set to launch on July 29, GBTC11 strengthens Brazil’s lead in the global crypto ETF space.