Analysts Give 95% Chance for Solana, XRP & LTC ETF Approval

This optimistic outlook is a jump from the previous 90% estimate and means that there is growing confidence in the broader acceptance of crypto investment products. In addition to these altcoins, a basket ETF composed of multiple crypto assets is also expected to be approved soon. Meanwhile, the US is set to launch its first-ever staked crypto ETF—the REX-Osprey Solana and Staking ETF—this week. It will offer exposure to spot Solana with staking rewards. Solana’s price jumped on the news, and its DeFi ecosystem continues to outpace Ethereum in DEX volume. At the same time, crypto ETPs saw $2.7 billion in inflows last week, bringing the H1 total to $17.8 billion. Bitcoin ETPs led the charge, while XRP also showed strong momentum despite still pending US ETF approval. CoinShares data showed that BlackRock dominated issuer inflows. Good Approval Odds for Solana, XRP and LTC ETFs Analysts at Bloomberg raised the odds of approval for several highly anticipated crypto exchange-traded funds (ETFs). They now forecast a 95% chance that the US Securities and Exchange Commission (SEC) will greenlight spot ETFs for Solana, XRP, and Litecoin by the end of the year. This is an increase from the previous 90% estimate, which means that there is growing optimism in the ETF research community that other crypto investment products will soon be available to US investors. The update came from Bloomberg ETF analysts Eric Balchunas and James Seyffart, who said in a post on X that they expect a ”wave of new ETFs” in the second half of 2025. Alongside individual altcoins, they also predict a 95% approval likelihood for a spot ETF based on a basket or index of crypto assets—potentially arriving as early as this week. Other altcoins like Dogecoin, Cardano, Polkadot, Hedera, and Avalanche also received a bullish 90% approval forecast, with their decisions expected in the fourth quarter. However, analysts assigned more cautious odds to ETFs based on Sui and Tron, estimating their chances at 60% and 50%, respectively. Unfortunately, the SEC continues to drag its feet on Ethereum-related products. On Monday, it postponed its decision on whether the Bitwise spot Ether ETF would be allowed to include staking. The regulator also delayed a separate ruling on the approval of the Osprey Bitcoin Trust for listing and trading. This proves that there is still some caution and regulatory hesitancy around certain crypto investment structures. First US Staked Crypto ETF Launches This Week Despite its delays with ETH products, the United States is still about to see the launch of its first-ever staked crypto ETF. Scheduled for debut on Wednesday, the REX-Osprey Solana and Staking ETF will provide investors with direct exposure to spot Solana (SOL) while also offering the opportunity to earn yield through staking. This unique combination is seen as a potential catalyst for even more institutional involvement in crypto investment products. The ETF’s issuer, REX Shares, confirmed the launch just days after early reports hinted at its imminent arrival. The product is turning heads not only for being the first staked crypto ETF in the U., but also for navigating the very complex regulatory landscape. Initially, the SEC expressed concerns about the ETF’s C-Corporation structure, and suggested that it conflicted with existing ETF rules. However, after REX submitted an updated prospectus and made key adjustments, the SEC provided positive feedback, which then allowed the product to move forward. This development followed a May ruling by the SEC affirming that staking does not violate existing securities laws, although the agency still delayed decisions on other staking-related ETFs and altcoin funds. The REX-Osprey ETF could therefore serve as a benchmark for future products seeking similar structures. On the day of the ETF announcement, Solana’s price saw a good boost by climbing 6% to around $158 and pushing its seven-day gain to over 12%. Despite the upward momentum, SOL is still 48% below its all-time high from January. Still, with a market cap of $83.5 billion, Solana is now the sixth-largest cryptocurrency by valuation. SOL’s price action over the past week (Source: CoinMarketCap ) Solana’s rising prominence is also reflected in its performance in the decentralized exchange (DEX) space. Recent data shows that Solana-based DEX volumes surpassed those of Ethereum, with platforms like Raydium, Pump.fun, and Orca leading the charge. This surge in DeFi activity, combined with the launch of a staking-enabled ETF, sheds some light on Solana’s growing influence in the crypto ecosystem. It also suggests that a new chapter of institutional and retail engagement may be unfolding. Crypto ETP Inflows Hit $17.8 Billion in H1 2025 Overall, cryptocurrency investment products continued their impressive momentum last week, with global exchange-traded products (ETPs) attracting $2.7 billion in new inflows. This was their 11th consecutive week of positive movement. The sustained streak pushed total net inflows for the first half of 2025 to $17.8 billion, according to a new report from digital asset manager CoinShares. Although slightly lower than the $18.3 billion that was recorded during the same period in 2024, the figure represents a resilient performance despite market fluctuations. Weekly crypto flows (Source: CoinShares ) Bitcoin investment products dominated the space by contributing $14.9 billion, or close to 84% of all inflows for the year-to-date period. In just the past week, Bitcoin ETPs brought in $2.2 billion, accounting for 83% of total inflows. Ethereum ETPs followed with a more modest but still impressive $429 million in weekly inflows, bringing their half-year total to $2.9 billion, or 16.3% of all inflows so far this year. Flows per asset (Source: CoinShares ) XRP also maintained its position among the top performers by recording $10.6 million in inflows last week and $219 million for the first half of the year. XRP’s strong showing is especially major when considering that spot XRP ETFs are still pending approval in the United States. However, Canada already moved forward, and launched these products on June 18, offering investors a regulated way to get exposure to the asset. From an issuer perspective, BlackRock emerged as the clear leader after pulling in over $17 billion in inflows during the first six months of 2025. This represents 96% of all new capital entering crypto ETPs over that time period. ProShares and Fidelity trailed with $526 million and $246 million, respectively, while Grayscale Investments saw nearly $1.7 billion in net outflows. The CoinShares report came as Bitcoin experienced a slight pullback , dipping just below $108,000 after a week-long rally that took it from around $101,000 on June 23 to nearly $107,800. Despite minor corrections, the continued inflows into crypto ETPs indicate robust investor confidence in digital assets.

Source: Coinpaper