Analysts predict the probability of LTC, DOGE, SOL, and XRP spot ETFs being approved, with LTC up to 90%

According to PANews on February 11, according to analysts James Seyffart and Eric Balchunas, the current market has a relatively high probability of approving Litecoin (LTC), Dogecoin (DOGE), Solana (SOL), and XRP spot ETFs. in:

• Litecoin (LTC): 90%, because it is regarded as a high probability commodity by SEC

• Dogecoin (DOGE): 75%, also highly likely to be recognized as a commodity by the SEC

• Solana (SOL): 70%, but the SEC still regards it as a securities

• XRP: 65%, mainly affected by SEC litigation, regulatory disputes need to be resolved

Seyffart said XRP and DOGE's ETF applications are expected to be accepted by the SEC this week, and the SEC and Commissioner Hester Peirce's crypto working group is expected to resolve some of the "securities vs. commodities" regulatory disputes by the end of 2025. He pointed out that if the SEC is still dominated by the Democrats, the probability of these ETFs being approved would be "very low".

In addition, Seyffart emphasized that the biggest obstacle to the approval of XRP ETF is still the lawsuit with the SEC. The SEC needs to clarify the Ripple case before the ETF has a higher possibility of passing.