Solana, XRP and Dogecoin ETF Approvals in 2025 Are a Near Lock, Analysts Say
Two Wall Street analysts estimate a nearly 100% chance that several altcoin ETFs will be approved by the SEC by the end of the year. Solana, XRP, and Litecoin have a 95% likelihood of approval by 2025, while Dogecoin, Cardano, Polkadot, Hedera, and Avalanche have a 90% chance. The approval of these ETFs would mark a significant milestone, as only Bitcoin and Ethereum ETFs have been approved so far. Spot Bitcoin ETFs currently manage over $100 billion in assets. The SEC's recent engagement with ETF applications is seen as a positive sign for approval. The CFTC has also approved futures markets for these altcoins, increasing the likelihood of spot ETF approvals. The timing of approvals remains uncertain, but analysts believe it is a matter of when, not if. ETF approvals could significantly impact the prices of popular tokens like Solana.
