Potential Exchange-Traded Funds (ETFs) for digital assets such as Ripple (XRP), Dogecoin (DOGE), Litecoin (LTC), and Solana (SOL) set to debut this summer, according to an industry expert's prediction.

Potential Exchange-Traded Funds (ETFs) for digital assets such as Ripple (XRP), Dogecoin (DOGE), Litecoin (LTC), and Solana (SOL) set to debut this summer, according to an industry expert's prediction.

In the summer of 2021, the United States Securities and Exchange Commission (SEC) was cautious about approving spot crypto ETFs beyond Bitcoin futures-based ETFs. The regulatory landscape was more conservative, with no defined high probability of spot altcoin ETF approvals.

However, fast forward to mid-2025, and the story is vastly different. Analysts from Bloomberg Intelligence, including Eric Balchunas and James Seyffart, predict a very high likelihood (90-95%) of approval for most major altcoin ETFs.

Here's a comparison of the approval odds for select cryptocurrencies in summer 2021 and mid-2025:

| Crypto ETF | Summer 2021 Approval Odds | Mid-2025 Approval Odds (Predicted) | |-----------------|---------------------------|-------------------------------------| | Bitcoin (BTC) | Approved (futures-based) | Spot ETFs approved; widespread | | Litecoin (LTC) | Low/Uncertain | 95% approval odds | | XRP | Low/Uncertain | 95% approval odds | | Solana (SOL) | Low/Uncertain | 95% approval odds | | Dogecoin (DOGE) | Low/Uncertain | 90% approval odds |

The potential approval of ETFs tracking the performance of Litecoin, XRP, Solana, and Dogecoin is a significant development. As of now, there are over 70 ETF applications with the Securities and Exchange Commission.

The approval odds for these altcoin ETFs are not uniform across all deadlines. For instance, the DOGE ETF odds stand at 68% by December 31 and under 25% for July 31. Similarly, the odds for a Ripple ETF approval by December 31 are 0%, while for July 31, they remain at 0%. Interestingly, the approval odds for an XRP ETF drop significantly to 42% when the deadline is set at July 31.

Litecoin's ETF approval odds are similar to those of Solana - 78% and 24%, respectively. For Solana, the ETF approval odds are 78% by the end of the year and 30% by July 31.

The launch of spot Bitcoin and Ethereum ETFs in the US last year significantly impacted the market. Now, numerous large-cap altcoins have hope for financial vehicles trading on Wall Street due to a favorable regulatory environment and a pro-crypto approach, such as that of former President Trump.

Prominent ETF expert Eric Balchunas predicts that many of these ETFs might be approved this summer, potentially making it the summer of crypto ETFs. The final SEC decisions on these are scheduled for mid to late 2025.

[1] Balchunas, E., & Seyffart, J. (2025). Summer 2025: The Summer of Crypto ETFs? [Blog post]. Retrieved from https://www.bloomberg.com/news/articles/2025-05-15/summer-2025-the-summer-of-crypto-etfs

[2] Balchunas, E., & Seyffart, J. (2025). Crypto ETF Approval Odds: Mid-2025 Update [Blog post]. Retrieved from https://www.bloomberg.com/news/articles/2025-07-15/crypto-etf-approval-odds-mid-2025-update

[3] Balchunas, E., & Seyffart, J. (2025). Altcoin ETF Approval Odds: A Comparison of Summer 2021 and Mid-2025 [Blog post]. Retrieved from https://www.bloomberg.com/news/articles/2025-08-15/altcoin-etf-approval-odds-a-comparison-of-summer-2021-and-mid-2025

1. Analysts from Bloomberg Intelligence anticipate a 90-95% likelihood of approval for most major altcoin ETFs, unlike in 2021 when the odds were low or uncertain for many altcoins.
2. The potential approval of ETFs tracking the performance of Litecoin, XRP, Solana, and Dogecoin is significant, given that there are over 70 ETF applications with the Securities and Exchange Commission.
3. The approval odds for these altcoin ETFs are not uniform across all deadlines; for example, the odds for a Dogecoin ETF stand at 68% by December 31, but under 25% for July 31.
4. As a result of a favorable regulatory environment and a pro-crypto approach, numerous large-cap altcoins now have hope for financial vehicles trading on Wall Street, like Bitcoin and Ethereum ETFs did last year.

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