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Solana, Litecoin, XRP lead ETF approval race, analysts say

Solana, Litecoin, XRP lead ETF approval race, analysts say

Date: 2025-06-11 08:48:36 | By Theodore Vance

Altcoin ETF Frenzy: Experts Predict a Surge in Approvals

Hang onto your hats, crypto fans! The buzz around altcoin ETFs is hitting a fever pitch, and analysts are all in, predicting a wave of regulatory nods. The big question on everyone's mind: Which altcoins will make the cut?

James Seyffart from Bloomberg dropped a bombshell on June 10, 2025, saying the chances of more altcoin ETFs getting the green light are skyrocketing. This hype train started chugging after the SEC officially tipped its hat to several 19b-4 filings from big shots like Grayscale, VanEck, Franklin Templeton, and 21Shares.

The SEC's playing it cool on timelines, but Seyffart's betting big that most of these crypto ETFs will get the go-ahead early in Q4 2025. Buckle up, it's gonna be a wild ride!

Leading the pack are Solana (SOL) and Litecoin (LTC) ETFs, each boasting a whopping 90% chance of approval. Not far behind, Ripple (XRP) and Dogecoin (DOGE) are hot on their heels with 85% and 80% odds respectively. Cardano (ADA), Polkadot (DOT), and Avalanche (AVAX) are also in the game, each at 75%. Meanwhile, Sui (SUI) is hanging in there with a 60% shot, but TRON (TRX) is still up in the air, not even on the review list yet. Seyffart's pulling these numbers from a mix of how the SEC feels about each coin, whether the CFTC's already got futures under control, and how solid the filing groups are.

These predictions are riding high on whispers that the SEC's deep in talks with issuers about their Solana ETF filings, with a verdict expected to drop any day now. And get this—Seyffart's super confident about Dogecoin's ETF chances, sparking even more excitement for memecoin funds.

Are Memecoin ETFs next?

Hold onto your memes, folks! Earlier this week, ETF guru Eric Balchunas threw out a tantalizing hint that memecoins might be next in line for regulatory approval.

Balchunas is all about the potential for actively managed funds to ride the memecoin wave. But he's also clear that it all hinges on what the SEC decides about that proposed Dogecoin ETF.

With Dogecoin's chances looking solid, the whole memecoin scene is buzzing with hope that we're about to see the first wave of ETF approvals in this quirky corner of crypto. Get ready, it's about to get meme-tastic!

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