Hold Onto Your Hats! SEC Approval for Solana, Litecoin, and XRP ETFs Soars to 95%!

You heard it right, folks! Bloomberg's top ETF gurus, James Sayffart and Eric Balchunas, just cranked up the heat on spot cryptocurrency exchange-traded funds for Solana, Litecoin, and XRP, pegging the approval odds at a sizzling 95% for 2025. Can you feel the excitement?

These two dropped their sizzling hot takes on X back on June 20, 2025, and the crypto world has been buzzing ever since. The air is electric!

But wait, there's more! Not only are SOL, LTC, and XRP looking good, but other crypto ETFs are also riding high with stellar approval chances in 2025. We're talking about Dogecoin, Cardano, Avalanche, Hedera, and Polkadot, all cruising at a cool 90% chance of getting the green light.

And if that wasn't enough to get your heart racing, Sayffart and Balchunas are betting big on crypto basket or index ETF filings from the big guns like Grayscale, Hashdex, Bitwise, and Franklin Templeton, with a 95% chance of approval in the next six months. Time's ticking, and many of these filings are staring down their final SEC deadlines in early July. The pressure is on!

SEC's Positive Vibes: The Game Changer

Sayffart spills the beans, saying their decision to pump up the approval odds is all about the "engagement from the SEC." And let me tell you, that's some seriously positive juju. The ETF wizards are calling it "a very positive sign," and I'm here for it!

NEW: @EricBalchunas & I are raising our odds for the vast majority of the spot crypto ETF filings to 90% or higher. Engagement from the SEC is a very positive sign in our opinion

The SEC isn't just playing around; they've already given a nod to the 19b-4 forms for these applications and seem to think these altcoins are commodities. Plus, there are already Commodity Futures Trading Commission-regulated futures markets for many of these bad boys. The stars are aligning, people!

Now, about the timing—this is where things get a bit wild. Sayffart and Balchunas say approvals could drop any week now or hang tight until those final deadlines later this year. Most of these applications are circling their final SEC decision dates in October and November. Buckle up, it's going to be a rollercoaster!

"The timing of these approvals/launches is more uncertain," Sayffart muses on X. "Could be something we're talking about in the next month or two. Or it could be something that waits until October or later." It's anyone's guess, but one thing's for sure—the suspense is killing me!

But don't let the timing drama get you down. These ETF experts are convinced it's all about "when, not if." The future's looking bright, and I can't wait to see what happens next!