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Litecoin leads the ETF approval race with a 90% chance, backed by strong regulatory positioning and institutional filings.
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Solana and XRP are gaining momentum, with increasing institutional interest despite ongoing regulatory hurdles.
Complementing the Top 3 Cryptocurrencies Crypto News Flash (CNF) picked last week that were assumed could make waves, as the cryptocurrency market matures, the prospect of Exchange-Traded Funds (ETFs) for altcoins like XRP, Solana (SOL), and Litecoin (LTC) is gaining traction.
Some analysts and prediction markets are increasingly optimistic about the approval of these ETFs by the U.S. Securities and Exchange Commission (SEC) in 2025.
Despite several listing the approval odds for popular cryptocurrencies, in this article, we will focus and discuss the major three cryptocurrencies on the track of approval.
Litecoin (LTC): Leading the ETF Race
Since last February, CNF has hinted that Litecoin (LTC) has shown a steep climb and is now in the spotlight with the news of a potential approval.
Reports show that Litecoin stands out with a 90% chance of ETF approval, according to Bloomberg analysts James Seyffart and Eric Balchunas. Its classification as a commodity by the SEC, due to its similarities with Bitcoin, positions it favorably. Firms like Grayscale and Canary Capital have already submitted applications, with the SEC’s final decision expected by October 2, 2025.
Today, LTC is trading at the price of $84.17, with a decrease of 1.42% in the past day and an increase of 1.76% in the past week.
Solana (SOL): Gaining Momentum
Solana’s ETF approval odds are estimated at 70%. Despite facing regulatory scrutiny, multiple institutions, including Grayscale and VanEck, have filed applications. The SEC’s decision on Solana ETFs is anticipated by October 10, 2025.
Today, SOL is trading at the price of $148.55, with an increase of 0.85% in the past day despite a decrease of 0.03% in the past week.
XRP: Navigating Regulatory Challenges
According to market updates, XRP’s path to an ETF is more complex, with approval odds at 65%. The SEC has yet to acknowledge its 19b-4 filings, and a final decision is expected by October 17, 2025.
However, Ripple’s recent settlement with the SEC and the upcoming launch of XRP futures by CME Group on May 19, 2025, indicate growing institutional interest.
As a CNF report highlighted last week, analyst Egrag Crypto is convinced XRP can hit the $17 mark. As of now, XRP is trading at the price of $2.19, with a decrease of 2.01% in the past day and 2.01% in the past week. See XRP price chart below.
Lastly, the approval of these ETFs could significantly impact the crypto market by increasing accessibility for traditional investors and enhancing liquidity.
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