Litecoin and Solana Spot ETFs Likely to Get Approval Over XRP in 2025

According to Eric Balchunas from Bloomberg, Litecoin (LTC) and Solana (SOL) spot ETFs have a 90% chance of SEC approval in 2025, while XRP has an 85% chance. Key deadlines for announcements include:

  • LTC decision on Oct. 2
  • SOL decision on Oct. 10
  • XRP decision postponed to June 17 from May 3

The US SEC recognizes LTC, SOL, XRP, DOGE, ADA, DOT, and AVAX as commodities. Following the ETF delay, XRP's price fell 3% to $2.2, amidst a broader market correction that saw a 0.4% decline in total crypto market cap to $2.96 trillion.