Cryptocurrency-based ETFs (Exchange Traded Funds) have revolutionized the way traditional financial institutions approach digital assets, driving wider adoption of this emerging asset class. In 2024, the US Securities and Exchange Commission (SEC) approved Bitcoin (BTC) and Ethereum (ETH) ETFs, marking a significant milestone in the integration of cryptocurrencies into mainstream finance.
The launch of the Bitcoin ETFs caused a surge in investor interest, pushing BTC to record-breaking all-time highs last year. These ETFs provide a regulated and accessible way for individuals and institutions to gain exposure to cryptocurrencies without directly owning the assets.
US President Donald Trump has been considered one of the most pro-crypto leaders globally, expressing support for the growth of the cryptocurrency industry in the US. His administration’s stance aimed to position the US as a leading hub for cryptocurrency projects in the coming years. This supportive approach could pave the way for the development of numerous crypto-related products, with ETFs expected to experience significant growth by 2025.
Top 4 Cryptocurrencies That Could Get ETFs Soon
1. Litecoin (LTC)
Bloomberg ETF analysts Eric Balchunas and James Seyffart have reported that Litecoin (LTC) currently has the highest likelihood of receiving ETF approval among cryptocurrencies. According to their analysis, a recent poll suggests that Litecoin has a 90% chance of having an ETF approved by 2025.
This optimistic outlook is partly due to the U.S. Securities and Exchange Commission (SEC) reportedly viewing Litecoin as a commodity rather than a security. Additionally, the SEC has acknowledged multiple 19b-4 applications for Litecoin ETFs, signaling progress in the approval process.
2. Dogecoin (DOGE)
Dogecoin (DOGE) is considered to have the second-highest chance of securing an ETF approval by 2025, according to a recent poll, which indicates a 75% likelihood of approval. This optimism stems from DOGE potentially being classified as a commodity, aligning it with other assets that have higher regulatory acceptance for ETFs.
However, despite these favorable odds, the SEC has yet to acknowledge any 19b-4 filing specifically for DOGE. This procedural step is crucial, as it would officially kickstart the review process for an ETF application.
3. Solana (SOL)
Solana (SOL) is currently in the spotlight as it takes third place in the race to secure an ETF approval this year. According to a recent poll, there’s a 70% chance that the cryptocurrency will receive an exchange-traded fund (ETF) in 2025, signaling growing optimism within the crypto community.
Additionally, the SEC has officially acknowledged 19b-4 filings for Solana, a critical step in the regulatory process for ETF applications. However, one potential hurdle lies in the fact that Solana is not officially recognized as a commodity, which could pose potential obstacles in the approval process.
4. XRP (XRP)
XRP (XRP) ranks as the fourth most likely cryptocurrency to receive an ETF approval in 2025. According to recent polls, there is a 65% probability that XRP will secure an ETF this year, reflecting growing optimism around the asset’s potential regulatory acceptance.
However, challenges remain. The SEC has yet to acknowledge the 19b-4 filings submitted for XRP, which are necessary for the ETF approval process to move forward. Additionally, XRP’s classification remains a point of contention, as it is not officially recognized as a commodity.
Also Read: How High Will Solana (SOL) Rise if an ETF is Approved?
Disclaimer
The information in this article should not be considered financial advice, and the OvenAdd platform is intended only to provide educational and general information. Please conduct your own research and consult a financial advisor before making any investment choices.
