From Cointelegraph

June 20, 2025 3:24:00 pm:

US regulators are likely to approve a wave of crypto exchange-traded funds (ETFs) with a 90% or higher chance. The SEC views cryptocurrencies like Litecoin, Solana, XRP, and Dogecoin as commodities. Approval timing and spot product launches remain uncertain and could take several months. Analysts believe the process may extend beyond October.

Asset managers aim to replicate the success of Bitcoin ETFs with altcoin funds. BlackRock’s iShares Bitcoin Trust became the most successful product, surpassing $70 billion in assets in just 341 days. However, demand for Ether ETFs has been lukewarm since launching last July. Altcoins are unlikely to erode Bitcoin’s dominance in the ETF market soon.

Investors are closely watching proposals like Franklin Templeton’s XRP and SOL ETFs, recently opened for public comments by the SEC. While demand for other crypto assets may eventually outpace Ether, Bitcoin is expected to maintain its lead in the ETF market.

Read more at Cointelegraph: Crypto ETF Approvals Likely as SEC Continues Pro-Industry Shift