Three cryptocurrencies with high chances of ETF approval are ready to take off

The development of the digital asset market in 2025-2026 largely depends on regulators’ approval of cryptocurrency fund launches. Bloomberg analysts have identified three coins that have a 95% chance of ETF approval and could experience significant growth after trading instruments based on them are launched.

Why ETF approval for Litecoin, Solana, and XRP is so important

The launch of spot ETFs marked a turning point for the cryptocurrency market. After the introduction of Bitcoin funds in 2024, institutional capital flowed in, becoming the main driver of price growth. Currently, applications are being considered for similar instruments for other crypto assets.

The three leaders recognized by Bloomberg analysts are Litecoin (LTC), Solana (SOL), and Ripple (XRP). The SEC is likely to classify these assets as commodities, which greatly simplifies the approval process since futures contracts for them are already available and regulated by the CFTC.

What macro factors support a 95% approval probability

The positions of these three cryptocurrencies are backed by strong support from major market players. Applications for spot ETFs have been submitted by leading companies: Grayscale, Bitwise, Canary, Coinshares, VanEck, Franklin, Fidelity, and Invesco. This consolidation indicates high interest from the professional community.

According to Bloomberg analysts Erik Balchunas and James Seffert, these three coins have the highest chances of regulatory approval by the end of 2025:

• Litecoin (LTC) — application review deadline is October 2, 2025. The current price is $53.97, with a daily increase of +4.23% and a market cap of $4.15 billion.
• Solana (SOL) — SEC deadline is October 10, 2025. The coin is trading at $84.97 (+8.27% in 24 hours), with a market cap of $48.39 billion.
• Ripple (XRP) — application deadline is October 17, 2025. XRP is priced around $1.37 (+7.34%), with a market cap of $83.88 billion.

How prices tend to rise after ETF approval

Historical experience shows that launching a spot fund based on a cryptocurrency triggers multi-level demand growth. First, market makers must regularly buy coins on the spot market to support fund shares. Second, ETFs are accessible through standard brokerage platforms, attracting conservative investors and corporate funds that previously avoided direct dealings with crypto exchanges.

The third factor is regulatory signaling. SEC approval significantly reduces legal risks and dispels skepticism among large financial institutions. The fourth is media and emotional FOMO (Fear of Missing Out), which stimulates retail demand even before actual capital inflows begin.

Comparison of approval potential among the leaders

Among the three ETF contenders, the positions are distributed as follows:

Solana shows the most impressive indicators — trading with a daily increase of +8.27% and the highest market cap among the three ($48.39 billion). Support from nine major issuers (Grayscale, VanEck, 21Shares, Canary, Bitwise, Franklin, Fidelity, Coinshares, Invesco) indicates a particular interest in this project.

XRP has the largest market capitalization ($83.88 billion) and demonstrates a growth of +7.34%, highlighting its status as the third-largest crypto asset. Support from seven companies, including WisdomTree, reflects trust from traditional financial players.

Litecoin, despite a smaller market cap ($4.15 billion), appears more stable due to its longer history and proven reputation. Its +4.23% growth is more conservative, which may attract cautious investors.

What to watch for before investing

It’s important to understand that even with a 95% approval probability, the exact dates for application reviews may shift. Bloomberg analysts base their forecasts on historical success with spot ETFs for Bitcoin and Ethereum, but each case remains unique.

Investors should also consider that besides these three leaders, other candidates with lower approval probabilities exist — Dogecoin (90%), Cardano (90%), Polkadot (90%), HBAR (90%), Avalanche (90%), SUI (60%), Tron (50%), and Pengu (50%). Their potential depends on regulatory stance changes regarding the classification of these assets.

Approval of ETFs for Litecoin, Solana, and XRP will open a new chapter in institutional crypto investing and could serve as a catalyst for significant revaluation of these assets.