XRP, Solana, Litecoin ETF Approval Odds Raised To 95% By Bloomberg

Key Points

1. Bloomberg Intelligence analysts James Seyffart and Eric Balchunas increased the approval odds for XRP, Solana (SOL), and Litecoin (LTC) ETFs to 95% by the end of 2025.

2. The analysts also assigned a 95% approval likelihood to a 'basket/index' product converting Grayscale, Bitwise, Hashdex, and Franklin vehicles into spot ETFs.

3. Dogecoin, Cardano, Polkadot, Hedera (HBAR), and Avalanche ETFs were given 90% approval odds, while Sui, Tron, and Pengu have lower probabilities (60%, 50%, and 50% respectively).

4. The SEC has acknowledged initial Rule 19b-4 submissions for these ETFs, with final decisions expected in early July (basket product) and mid-October 2025 (single-asset funds).

5. Analysts attribute the increased odds to 'remarkably positive' SEC engagement and the likelihood that the underlying altcoins are viewed as commodities.