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Analysts predict the probability of LTC, DOGE, SOL, and XRP spot ETF approvals, with LTC reaching as high as 90%.
PANews reported on February 11th that 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. Among them: • Litecoin(LTC): 90%, because it is considered by the SEC to be a high probability commodity • Dogecoin (DOGE): 75%, also highly likely to be classified as a commodity by the SEC • Solana(SOL): 70%, but the SEC still regards it as a security • XRP: 65%, mainly affected by SEC lawsuit, needs to resolve regulatory disputes Seyffart said that the ETF applications for XRP and DOGE are expected to be accepted by the SEC this week, and the SEC's crypto working group led by Commissioner Hester Peirce 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 Democratic Party, the probability of approval for these ETFs will be 'very low'. In addition, Seyffart emphasized that the biggest obstacle to the approval of the XRP ETF is still the lawsuit with the SEC. The SEC needs to resolve the Ripple case first before the ETF can have a higher chance of approval.