Altcoin ETFs May Be Approved Soon: SEC Decisions on SOL, XRP, DOGE Could Arrive by July
The U.S. crypto investment landscape could soon expand beyond Bitcoin and Ethereum, as analysts predict that the SEC is likely to approve spot ETFs for several leading altcoins, including Solana (SOL), XRP, and Dogecoin (DOGE), by the end of 2025.
According to ETF specialists at Bloomberg, there’s now a 75% or greater likelihood that the SEC will greenlight multiple single-asset and multi-asset crypto ETFs. A decision on several proposals is expected as early as July 2, marking a critical point for the future of altcoin investment products.
Key Details:
- Eight spot ETF proposals are currently awaiting SEC decisions. These include funds tied to SOL, XRP, DOGE, Cardano (ADA), Litecoin (LTC), Avalanche (AVAX), Polkadot (DOT), and Hedera (HBAR).
- The first major deadline falls on July 2, when the SEC must issue a final ruling on several basket-style ETFs submitted by firms like Grayscale, Bitwise, Franklin Templeton, and Hashdex.
- Approvals for single-asset ETFs — such as those for SOL, DOGE, and XRP — are expected in the October to December 2025 window, as per final SEC deadlines.
Index Funds May Lead the Way
Analysts suggest that basket-style ETFs, which combine multiple altcoins into a single fund, have the strongest chance of approval — with odds reaching 90%. These products would allow investors to gain broad exposure to the altcoin market in one move, similar to index funds in traditional finance.
What About Smaller Tokens?
Some issuers have shown interest in launching ETFs for less-established tokens like SUI, Trump Coin (TRUMP), and Melania Coin (MELANIA). However, these have not yet been formally submitted for SEC review and remain in a holding pattern.
Political Shift Brings New Momentum
Much of this optimistic outlook follows recent political changes. Since President Donald Trump returned to office, the regulatory tone has shifted, especially with the appointment of Paul Atkins as the new SEC chairman. Atkins has expressed support for modernizing outdated crypto regulations, stating that innovation has been “stifled” under the current framework.
Bottom Line:
With deadlines looming and regulatory attitudes shifting, the crypto ETF market could be entering a new era. If approvals go through, 2025 could mark the beginning of mainstream access to altcoins via regulated financial products.
Follow our blog for more updates as the July 2 deadline approaches.
