SEC Engagement Sparks Optimism for Crypto ETFs
Approval odds for spot cryptocurrency ETFs have surged, with industry analysts now assigning a 90% or higher chance for most applications currently under review by the U.S. Securities and Exchange Commission (SEC). Among the most likely to succeed are spot ETFs for XRP, Solana (SOL), Dogecoin (DOGE), Litecoin, and Cardano (ADA).
High Odds for Most, Except One
Analysts report that the only lagging candidate is the SUI ETF, which has just a 60% chance of approval. The reduced odds are attributed to regulatory uncertainty and the lack of a regulated futures market for the asset.
Meanwhile, the SEC’s recent willingness to engage in back-and-forth communication with ETF issuers is seen as a major shift. Experts interpret this as a positive regulatory sign, indicating that many proposals are likely progressing toward approval.
“We’re increasing our approval odds to 90% or more for most pending crypto ETF filings,” noted a market analyst.
Polymarket Predicts Strong Likelihood
Data from blockchain-based prediction platforms reinforces this outlook. On Polymarket, bettors are assigning:
- 98% chance of XRP ETF approval in 2025
- 91% approval probability for SOL ETF
- 71% likelihood that DOGE ETF will pass
These figures suggest that investor sentiment is extremely bullish on the SEC allowing mainstream market access to these altcoins.
SEC Process Shows Constructive Feedback
The recent surge in 19b-4 form acknowledgements and S-1 amendments highlights a structured approach being taken by the SEC. Market watchers say this implies a shift in tone—from cautious oversight to collaborative regulation.
This growing interaction between regulators and issuers is considered a key driver behind the increasing optimism.
Conclusion
As regulatory confidence builds, spot ETFs for leading crypto assets like XRP, SOL, DOGE, ADA, and LTC appear on track for approval. While SUI remains uncertain, the overall sentiment around crypto ETFs in the U.S. is now decidedly positive.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.

