XRP, DOGE, LTC, and SOL Set for Potential ETF Approvals This Summer
02.05.2025 14:48
Regulatory excitement is building as the U.S. sees over 70 ETF applications pending, with renewed attention following the success of Bitcoin and Ethereum ETFs last year. Prominent ETF expert Eric Balchunas highlighted at the Token2019 conference in Dubai that altcoin ETFs tracking XRP, DOGE, SOL, and LTC may receive approval this summer. XRP leads with a 79% probability by the end of the year—though its odds drop to 42% for the July 31 deadline—while DOGE shows a 68% chance by December 31 and less than 25% by July 31. Similarly, SOL and LTC both have strong chances of 78% by year-end, with more modest probabilities of 30% and 24% respectively for the July 31 decision. The news suggests that the regulatory environment continues to evolve favorably, potentially ushering in a period of increased institutional interest and price volatility for these major altcoins as key ETF approval deadlines approach.
XRP could see a bullish trend if ETF approval materializes. The high probability for a year-end decision (79%) may drive long-term investor confidence, while the lower odds for the July 31 deadline could result in short-term volatility. Institutional interest and regulatory clarity are key factors expected to bolster XRP’s valuation, with market sentiment leaning positive if ETF outcomes meet expectations.
DOGE’s prospects improve if ETF approval is secured, with a stronger likelihood of 68% by December 31 suggesting long-term price support. However, the significantly lower odds for the July 31 decision may lead to short-term volatility. Positive regulatory news and boosted institutional interest could drive upward momentum if investors view the ETF route as validation for DOGE’s market presence.
SOL is expected to benefit from the ETF wave, with a robust 78% probability of approval by the year's end suggesting strong long-term potential. The lower likelihood for the July 31 decision may lead to near-term price swings. Overall, positive ETF sentiment can stimulate institutional demand and act as a catalyst for SOL’s upward price momentum.
LTC appears to have a favorable outlook with a strong 78% approval chance by December 31, which could promote long-term price gains. The lower approval odds for the July 31 deadline (24%) might create short-term price volatility, but overall ETF approval is likely to attract increased investor interest and institutional support for LTC.
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