According to recent data shared by Bloomberg’s senior ETF analyst Eric Balchunas, there is a significant probability that Litecoin (LTC) and Solana 
$180 (SOL)-based spot investment funds will be approved by 2025. While XRP emerges as a prominent option among the products being evaluated by the SEC, its approval likelihood remains slightly lower compared to LTC and SOL. The postponement of the XRP spot ETF decision has particularly created uncertainty in the market.
LTC and SOL ETFs Show Strong Approval Potential
The data reveals that the SEC is anticipated to announce its final decision on the LTC-based spot ETF application on October 2. For SOL, this date is set for October 10. Analyst Eric Balchunas estimates the approval probability for LTC and SOL spot investment products at approximately 90%. In contrast, the approval chance for XRP hovers around 85%.
Balchunas attributes this difference to Litecoin and Solana being considered relatively less controversial assets by regulatory bodies. Furthermore, their longstanding presence in the market and reliable technical infrastructures contribute to forming positive opinions. Balchunas also highlighted that direct statements by SEC Chairman Paul Atkins during this process could provide further clarity.
XRP Decision Postponed, Market Reacts
Initially, the SEC indicated May 3 for the eagerly awaited XRP ETF decision by investors. However, the commission later postponed this date to June 17. The news of the delay resonated instantly in the market, causing the XRP price to drop by 3%, settling at approximately $2.2.
Journalist Eleanor Terrett announced the SEC’s delay decision on social media with the words: 
NEW: The SEC has delayed making a decision on Franklin Templeton’s XRP spot ETF until June 17. This announcement notably increased short-term volatility in the XRP market.
With a market value of $130 billion, XRP ranks among the top assets in the crypto market that attract significant investor interest. However, decision delays can directly impact investor sentiment. Analysts suggest that if approved, the surge effect observed in Bitcoin 
$103,583 ETFs could also be replicated for XRP.
Experts note that the approval process involves both opportunities and risks for investors. The SEC’s varied approach to different asset types is a testament to the process being fraught with uncertainties. This leads investors to exercise greater caution and prudence.
