Recently, Ripple's CEO claimed inevitability for XRP ETF approval, but new research suggests otherwise.
XRP: Lowest Chances for ETF
According to research by renowned ETF analyst Eric Balchunas, the chance for XRP ETF approval by the SEC this year is only 65%. The main reason is that the SEC does not classify XRP as a commodity. This significantly limits XRP's chance to launch its first spot ETF.
Solana: Higher Chances than XRP
According to the research, there's over a 70% probability of SOL ETF approval. Despite SOL being labeled as an unregistered security in SEC lawsuits against Coinbase and Binance, recognition of Grayscale Solana ETF proposal aids SOL’s standing.
Litecoin: Best Approval Odds for ETF
The research states there's a 90% probability of Litecoin ETF approval by the SEC in 2025. Clear regulatory status helps Litecoin outshine XRP and SOL.
The research suggests XRP has the lowest ETF approval odds among major altcoins, while Litecoin has the highest. The SEC's stance plays a crucial role in approval prospects.
