- Analysts say there’s a 75%+ chance the SEC will approve spot altcoin ETFs by the end of 2025.
- The first major decision deadline is July 2, with rulings on single-asset ETFs expected by October.
- Regulatory shifts under Trump and SEC Chair Paul Atkins are boosting optimism across the crypto space.
Crypto ETF issuers might not be waiting much longer — spot altcoin ETFs could finally be on the verge of getting approved. Bloomberg analysts Eric Balchunas and James Seyffart now say there’s at least a 75% chance the SEC greenlights a wider range of crypto funds before the end of 2025.
There are currently eight proposals sitting with the SEC tied to major tokens like solana, litecoin, dogecoin, XRP, cardano, avalanche, polkadot, and hedera. Out of those, basket-style ETFs — the kind that group several assets together — seem to have the highest odds of success, with Seyffart and Balchunas giving them a 90% chance of going through.
July 2 Marks the First Big Deadline
Things start heating up in July. The SEC is set to respond to filings from big players like Grayscale, Bitwise, Franklin Templeton, and Hashdex — all of which want to launch basket-style funds. These are final deadlines too, so the agency has to decide.
As for single-asset ETFs like those tracking solana, ADA, or XRP, decisions are expected to start dropping in October, then carry on through November and December.
New Tokens Eyeing Entry… but Not Quite There Yet
Some issuers are floating plans to launch ETFs linked to smaller tokens like SUI, Trump Coin, and Melania Coin — but those haven’t moved into formal filing yet. That means the SEC review clock hasn’t started on them.
Still, SUI might have a shot. Seyffart said he hasn’t nailed down odds yet but thinks its chances probably line up with the other altcoin proposals.

Trump’s SEC Shift Changes the Game
A lot of this optimism traces back to the changing regulatory mood under President Trump. Since Paul Atkins took over as SEC chair, the vibe’s shifted. He recently said the rules around crypto have stifled innovation and that it’s time to rethink how the space is regulated.
If the trend holds, 2025 could end with a whole slate of new ETFs — and a lot more access to altcoins for everyday investors.
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