Altcoin ETFs Like SOL, XRP, and DOGE Await Approval: Critical Dates Announced! - Coin Bulletin

The U.S. Securities and Exchange Commission is expected to approve spot ETF applications for various altcoins, including (SEC), SOL, XRP, and DOGE, starting in early July.

Bloomberg analysts Eric Balchunas and James Seyffart announced that the likelihood of the SEC responding positively to numerous altcoin ETF applications this year is over 75%. The Commission needs to make decisions on eight different ETF applications, including cryptocurrencies such as Solana (SOL), Litecoin (LTC), Dogecoin (DOGE), XRP, Cardano (ADA), Avalanche (AVAX), Polkadot (DOT) and Hedera (HBAR).

According to analysts, the approval probability of basket-type ETFs that combine multiple crypto assets has reached 90%. The SEC's first critical decision is said to be made on July 2. On this date, final responses will be given to the ETF proposals of major firms such as Grayscale, Bitwise, Franklin Templeton, and Hashdex. The evaluation processes for single-asset ETFs will be completed in October, and the others will be announced in the November-December period.

The Trump administration supports crypto.

One of the most important factors in the change of the SEC's view on altcoin ETF applications is the appointment of crypto-friendly Paul Atkins as SEC Chairman by US President Donald Trump. In a recent statement, Atkins emphasized that the current regulatory framework in the US hinders innovation and that this situation needs to be corrected as soon as possible.

Among the smaller altcoin ETFs that have not yet initiated the official review process are tokens like SUI, Trump Coin (TRUMP) and Melania Coin (MELANIA). Experts believe that SUI's chances of approval are similar to those of other altcoin ETFs.

The approval of ETFs could trigger a new wave of growth in the crypto market by providing serious capital inflow into the sector. Investors have already begun the countdown for this critical process that will start in July.