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Bloomberg analyst James Seyffart has raised the odds of SEC approval for Solana (SOL) and Litecoin (LTC) spot ETFs to 90%. The regulator is reportedly reviewing updated filings, with staking mechanisms being a key focus. Major firms like Grayscale and VanEck are leading the race to launch these crypto investment products.
- SEC requests updated S1 forms with staking details, suggesting possible approval within 3-5 weeks.
- Brazil has already launched a Solana ETF, outpacing U.S. regulatory progress.
- Bloomberg analyst predicts altcoin ETF approvals more likely in Q4 2025 despite current 90% odds.
📎 Related coverage from: cryptopotato.com
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