
Leading analysts from Bloomberg, Eric Balchunas and James Seyffart, project a remarkable 95% probability that the U.S. Securities and Exchange Commission (SEC) will approve exchange-traded funds (ETFs) for Solana, Litecoin, and XRP by 2025.
This could signify a crucial turning point for altcoins, paving the way for both institutional and retail investors to gain regulated exposure to investments beyond Bitcoin and Ethereum.
On June 30, 2025, Seyffart tweeted about their expectations of a surge in new ETF approvals in the latter half of 2025.
The first U.S. STAKING ETF for Solana launches on June 2, 2025. Notably, there are still over 70 crypto ETF applications that are pending a decision.
“Trying to figure out what could go into an SEC framework aside from CFTC approved futures, we looked at a few potential data points. For detailed information, Bloomberg Terminal clients can view the complete note and our midyear outlook here.”
— James Seyffart (@JSeyff) June 30, 2025
Key Insights:
- The optimism from Balchunas and Seyffart stems from changing regulatory stances and the maturation of the market.
- A crypto index ETF may be approved soon, enhancing institutional access to various altcoins.
Investors have recently injected a significant $3.69 billion in net inflows into crypto ETFs. This indicates a positivity trend as it marks the first month of net inflows this year.
Subsequently, total net inflows for 2025 reached $5.99 billion by the end of April, putting it just behind the record of $42.33 billion in 2024. Currently, there are 304 crypto exchange-traded products with 756 listings internationally.
Related Article: Explore the Top Solana Meme Coins to Buy in July 2025.