Bloomberg Intelligence analysts, James Sevart and Eric Balunas, released their latest potential for potential approvals on the Spot investment funds by the American Securities and Stock Exchange Committee (SEC). The report focuses on Litecoin, Solana, XRP and Dogoin ETF files, with analysts who provide relatively high probability of approval.
What are the possibilities of approval of XRP, LTC, DOGE ETF?
Sevart wrote on X, “New: Eric Balunas and took a look at the deposit files for the category of encrypted surveys. For the Litecoin position with the highest approval of 90 %, followed by Dogecoin by 75 %, Solana by 70 %, and XRP by 65 %.
Balchunas also commented on X, saying: “The Perhaps of the official ETF approval on Alt ETF has come out. Cayman-subsidiary Type 40 ACT is also going through.
According to the table, Litecoin and Dogoin were ranked as “potential” commodities by SEC, while Solana and XRP are not. SEC declarations for Litecoin and Solaa were already registered, with Litecoin 19B-4 recognized on January 29, 2025, and Solana on February 6, 2025, 2025, respectively.
XRP and Dogecoin, however, they have not yet received their 19B-4 files. The date of the approval of XRP was included on February 13, 2025, with the deadline on October 17, 2025. Dogecoin’s recognition date is February 14, 2025, with the last deadline on October 18, 2025.
Other digital assets such as HBAR and Polkadot are listed but without detailed submission data. Both assets are distinguished as “perhaps” according to the classification of goods in the Supreme Education Council. SEYFART and Balchunas emphasizes that these possibilities are vulnerable to change as SEC evaluates files. The deadlines can be modified based on organizational decisions.
Also read: Delayed confirmation of the SEC, Future Crypto ETF chair is uncertain
