Analysts covering the Crypto Exchange-Treded Fund (ETF) space have given 95% chance for Solana, Litcoin and XRP ETF to be approved by the US Securities and Exchange Commission this year.
Bloomberg’s ETF experts Eric Balchunus and James Safart on Monday extended their obstacles for several altcoin spot exchange-traded funds in the X post.
“We expect a new ETF wave in the second half of 2025,” Siphart said.
The pair extended the Solana (SOL), XRP (XRP), and LiteCoin (LTC) spot ETF approval from 95%to 90%.
He gave similar obstacles for approval of ETF based on the basket or index of crypto assets.
According to analysts, the final SEC deadline for a decision on three altcoin ETFs is in October, while a crypto basket ETF can be approved this week.
More altcoin ETFS
Analysts took the possibilities of approval for other Altcoin Spot ETF to 90%, including Dogcoin, Cardano (ADA), Polkadot (DOT), Hedera (Habar), and Avalanche (Avax), which were accompanied by final decisions in the fourth quarter.
Connected: Crypto ‘Altcoin ETF Summer’ may come with SEC approval in July: analyst
The ETF filed by the Canary Capital for SUI (SUI) and TRON (TRX) was less likely to approve at 60% and 50% respectively.
In June, Balchunus stated that “get ready for a potential altcoin ETF summer, while Safart said” ETFS that tracks the comprehensive crypto index can be approved by SEC next month. ”
Solana Stacking ETF to launch
Bloomberg also reported on Monday that Rex Ospray Solna Stacking ETF has been officially set to launch on Wednesday, which has become the first in the US to allow crypto stacking.
The product faced the initial regulatory obstacles with the SEC, which objected after cleaning its registration. The main issue was whether ETF was eligible as an investment company under securities laws.
To obtain approval, the issuers agreed to invest at least 40% of the assets in other ETPs, mostly occupied outside the US.
Sex persistence continues
Meanwhile, SEC is not ready to approve ethrium stacking yet on Monday. delay Whether or not the bitwaise spot ether ETF may include stacking.
Regulatory too Delayed Its decision to approve the listing and trading of the Oppray Bitcoin Trust shares.
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