Update (October 2026): All three funds reached the US market in 2025, though not through the fund-by-fund decisions this story anticipated. On September 17, 2025, the SEC approved generic listing standards that let exchanges list qualifying crypto ETFs without a separate rule change. Bitwise’s Solana ETF (BSOL) and Canary’s Litecoin ETF (LTCC) began trading on October 28, 2025, and Canary’s XRP ETF (XRPC) followed on November 13. Grayscale’s plan to convert its Litecoin Trust into an ETF was still pending in late October 2026. For every fund now trading or filed, see our altcoin ETF tracker.
The recently submitted ETF applications for Solana ($SOL), Litecoin ($LTC), and Ripple ($XRP) now have a greater chance of approval. The market analysts are of the view that there is a 95% chance for these spot exchange-traded funds (ETFs) to get approved. This development indicates the increase in demand for diverse tokenized investment vehicles.
$SOL, $LTC, and $XRP See 95% Chance to Get SEC Approval for ETFs
According to the analysts, the Ethereum ($ETH) and Bitcoin ($BTC) ETFs have gained a significant momentum among institutions earlier in 2025. This remarkable success of these ETFs has increased the chances of profitability in the case of the recently filed applications for $SOL, $LTC, and $XRP ETFs. At present, the United States Securities and Exchange Commission (SEC) has set conclusive decision deadlines for the respective ETFs in October this year.
Nonetheless, as the analysts propose, the aforementioned ETFs could get authorization during this week. The new ETF submissions are included in a wider trend of tokenized financial instruments getting traction across decentralized and conventional finance sectors. Apart from that, Robinhood has also announced exclusive staking services for Solana ($SOL) and Ethereum ($ETH) in the United States.
$AVAX, $DOT, $ADA, and $DOGE Have 90% Approval Chance for ETFs
In the meantime, altcoins such as Avalanche ($AVAX), Polkadot ($DOT), Cardano ($ADA), and Dogecoin ($DOGE) are also standing on the list of ETF consideration. Based on the analysts’ assessment, they have a 90% chance of approval. Along with that, Tron and Sui account for 50% and 60% chances in this respect.
Cardano’s price outlook has drawn its own bullish calls; in April 2024, one major metric suggested ADA could jump 75%.
As per the experts, there is still uncertainty in the case of Ethereum staking. Particularly, on Monday, the SEC has again delayed the decision on the staking feature of Bitwise $ETH ETF. This seems to be a move included in the agency’s wider procrastination when it comes to products dealing with crypto yield.
As tokenized ETFs are moving forward to show up on the horizon, experts anticipate this summer to be a transformative time to get exposure to crypto assets via TradFi-compatible, regulated vehicles.
About the author
Crypto journalist with years of experience providing in-depth analysis and news on blockchain and decentralized finance. With a keen eye for detail, Shahzaib delivers insightful articles that explore the latest trends, market movements, and innovations within the crypto and blockchain ecosystem. His work focuses on educating readers while offering expert commentary on the evolving landscape of digital assets, DeFi protocols, and the broader impact of blockchain technology.
