Will Solana, XRP & Dogecoin ETFs Finally Win SEC Approval in 2025

What are the latest updates on the U.S. SEC's engagement with spot crypto ETF applications

Investors are becoming more hopeful as The US Securities and Exchange Commission communicates with issuers, raising the likelihood of several spot crypto Exchange Traded Fund s getting sanctioned to 90%. Bloomberg analysts have increased the odds for the approval of most altcoin Exchange-Traded Fund s, focusing on those with 19b-4 filings. Litecoin, Solana, and XRP ETF filings have a 95% chance of approval, while Dogecoin , Cardano, HBAR, and Avalanche have 90% approval odds. With over 20 altcoin ETF filings awaiting the The Securities and Exchange Commission 's decision, the increased odds suggest a high probability of most products receiving a green light. In late July 2025, the SEC will decide whether to sanction, deny, or delay further public commentary and rebuttals.

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Why Analysts Rate Approval Odds Above 90% for New Altcoin ETFs

Bloomberg analysts James Seyffart and Eric Balchunas predict a 90% or higher chance that The Securities and Exchange Commission's will approve most pending spot crypto ETF applications by the end of 2025. This is a significant increase from their previous odds, which were below 90%. The improved outlook follows a leadership shift at the SEC, with Paul Atkins taking over as chairman in April 2025, signaling a friendlier stance towards digital assets. Analysts cite enhanced "positive engagement" from the SEC, such as requests for issuers of spot Solana ETFs to amend their filings, as a major reason for optimism. The political climate, including President Trump's lenient approach to crypto, is also influencing the regulatory atmosphere. The surge in asset manager applications from major firms like BlackRock, Fidelity, Franklin Templeton, VanEck, and Grayscale indicates a robust market demand and increasing institutional confidence.

What is ‘Altcoin ETF Summer

Polymarket predicts an "Altcoin ETF Summer" with major inflows into XRP and Solana ETFs, following the successful launch of spot Bitcoin and Ethereum ETFs. Institutional banks like JPMorgan and Standard Chartered forecast up to $8 billion in first-year inflows for XRP ETFs, signaling significant institutional interest in altcoins.

What factors could influence the timing of their approval or launch

The SEC's regulatory prudence and slow sanction process are factors influencing the timing of Exchange-Traded Fund acceptance. The Securities and Exchange Commission's conducts thorough reviews to address concerns like market manipulation and investor protection. The success of Bitcoin and Ethereum spot ETFs, with $100+ billion in assets under management, has boosted confidence in the expansion to altcoins. Bloomberg analysts believe the SEC's increased engagement, evolving regulatory environment, and mounting pressure from stakeholders could accelerate approvals. Market readiness is also a factor, with approval odds for Solana spot at 90%-95% by year-end.

Market Reaction: How Prices of SOL, XRP & DOGE Are Responding

Market reactions are tense as excitement builds on Exchange-Traded Fund. developments, with XRP trading around $2.14, fluctuating between $2.15–$2.25 as excitement builds on ETF developments. Dogecoin (DOGE) and Solana (SOL) are experiencing price fluctuations, with DOGE and SOL experiencing a 3.19% and 5.11% decrease respectively. An SEC approval could spark a rotation of capital from BTC/ETH into XRP and SOL, amplifying liquidity and adoption. However, delays beyond July could temper momentum, but sentiment remains optimistic for late-2025 authorization stories.