- Altcoins XRP, SOL, DOGE, ADA, LTC are in US approval pipeline for spot ETFs in 2025.
- Polymarket data shows >68% ETF approval odds for XRP (83%), SOL (80%), ADA, LTC, DOGE.
- SEC reviews WisdomTree XRP ETF; cautious on others, citing market manipulation concerns.
After the watershed moment of spot Bitcoin and Ethereum ETF approvals earlier, major altcoins like XRP, Solana (SOL), Dogecoin (DOGE), Cardano (ADA), and Litecoin (LTC) are all in the US approval pipeline for their own spot ETFs, setting up 2025 to be a defining year for broader crypto regulatory acceptance
all in the approval pipeline as 2025 could shape up to be a defining year for crypto’s regulatory acceptance.
Polymarket Bets Big on Altcoin ETF Approvals
According to data from CryptoRank.io and decentralized prediction platform Polymarket, the odds are increasingly in favor of spot ETF approvals for top altcoins. Five out of six major candidates — XRP, SOL, DOGE, ADA, and LTC — are showing over a 68% probability of ETF approval in 2025:
- XRP: 83%
- SOL: 80%
- ADA: 71%
- LTC: 70%
- DOGE: 68%
- PEPE: Just 9%
The rise in odds for DOGE, ADA, and LTC is particularly notable, having climbed from below 50% just months ago.
Related: XRP ETF Approval Odds For 2025 Now Jump To Strong 83% High
XRP ETF Leads ETF Pack as WisdomTree Filing Under SEC Review; Market Manipulation Concerns Raised
WisdomTree filed for a spot XRP ETF in the US, and the SEC has officially begun its review process. If approved, this would be the first ETF to offer investors access to XRP without having to hold the asset directly.
However, the SEC is proceeding carefully. The agency has opened a public comment period, specifically asking for input on potential market manipulation and investor protection issues related to an XRP ETF. The SEC has up to 240 days from the start of its review to make a final decision.
Related: SEC Formally Begins Review of WisdomTree XRP Trust
Dogecoin (DOGE) & Solana (SOL) ETFs Face SEC Delays Despite Multiple Filings
DOGE made headlines after 21Shares filed for a Dogecoin ETF. Still, DOGE’s regulatory road is steep. The SEC has already delayed its decision on other similar applications for DOGE and SOL.
In the case of Solana, the SEC has received multiple spot ETF filings from institutions including Bitwise, VanEck, Canary Capital, and 21Shares. Importantly, the SEC has clarified that these procedural delays should not be read as leaning towards either approval or rejection at this stage.
Cardano (ADA), Litecoin (LTC) ETF Applications Also See SEC Decision Postponements
Grayscale’s application to convert its Cardano Trust into a spot ETF is also under review, having been acknowledged by the SEC back in February. The application entered a 240-day review period, and while investor optimism surged — pushing ADA’s approval odds to 71% — the SEC has since delayed its decision.
Similarly, Litecoin’s ETF application from Canary Capital faced an initial wave of optimism after avoiding early delays that hit its peers. That optimism was short-lived. The SEC officially postponed its decision on LTC as well, asking whether the proposal adequately addresses fraud prevention and regulatory compliance.
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
