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📅 July 3, 7:00 – July 9,
Analysts Now See Near-Certain Approval for Solana, XRP & Litecoin Spot ETFs - Crypto Economy
TL;DR
Bloomberg analysts Eric Balchunas and James Seyffart have raised their forecast for the approval of spot ETFs tied to Solana (SOL), XRP, and Litecoin (LTC) from 90% to 95%. This increase reflects growing confidence that the US Securities and Exchange Commission (SEC) will clear the way for more diversified crypto investment products in the coming months.
Their projections also include a 95% likelihood for a multi-asset spot ETF, potentially combining several top cryptocurrencies into a single investment vehicle. Other altcoins such as Cardano, Avalanche, and Dogecoin received approval odds of 90%, while more speculative names like Sui and Tron remain uncertain, with probabilities at 60% and 50%.
The analysts expect these approvals to arrive during the second half of 2025, potentially opening new pathways for both institutional and retail investors to access altcoin markets in regulated formats. Approval would signal growing regulatory maturity and likely boost adoption across traditional finance sectors and asset management firms.
First Solana Staking ETF Set For Launch
In a parallel development, the first US-listed staked crypto ETF will launch this week. The “REX-Osprey Solana and Staking ETF” will offer direct exposure to spot Solana and enable investors to earn rewards through staking. This ETF follows a recent SEC clarification that staking, under compliant structures, does not breach current securities rules.
Solana’s price rose 6% to $158 after the announcement, pushing its seven-day gains to over 12%. It also continues to outperform Ethereum in decentralized exchange volumes, reflecting rising interest in its DeFi ecosystem.
Meanwhile, global crypto ETPs attracted $2.7 billion in inflows last week, bringing the 2025 year-to-date total to $17.8 billion. Bitcoin led with $14.9 billion, while XRP saw $10.6 million last week, highlighting strong interest despite regulatory delays.
BlackRock remained dominant with over $17 billion in inflows, followed by ProShares and Fidelity. Canada’s recent approval of XRP ETFs may further influence US regulators in upcoming decisions. The momentum behind altcoin-focused products suggests a broader shift in how traditional markets approach digital assets. Institutional investors are clearly watching closely, anticipating broader integration into mainstream portfolios and long-term market growth opportunities worldwide.