SEC Deadline Approaches: Could Solana, XRP, or Dogecoin ETF Be Next?

Pooja Khardia
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SEC Deadline Approaches: Could Solana, XRP, or Dogecoin ETF Be Next?

Highlights

  • The SEC is expected to make key decisions on Crypto ETF like Solana, XRP, Dogecoin & others this month.
  • Solana leads the approval odds with major filings, followed by XRP and Dogecoin ETFs.
  • Analysts call this month ‘Altcoin ETF Summer’ as apparent odds soar and the deadline approaches.

Investors are eyeing the summer, especially June, as the SEC will make their decision on crypto ETF, including Solana, XRP, Dogecoin, and many others. With the approval of spot Bitcoin and Ethereum exchange-traded funds, the question is which altcoin would be next and benefit from this increased liquidity and increased demand, i.e., bullish for their asset prices. With many decision deadlines approaching in June, let’s discuss which one would receive the SEC’s approval first.

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Solana, XRP, Dogecoin & Other Crypto ETF Deadline Explained

The SEC has again delayed the Polkadot ETF, whose decision was due on June 11. The official has asked for more time to gather investor comments and further review the proposal. Along with this crypto, Hedera’s HBAR ETF from Canary Capital was also delayed, disappointing investors. Now the eyes are on the June 13th deadline for the Canary’s Litecoin ETF.

Although the investors were eyeing the decision on these, the main focus is on the Solana, XRP, and Dogecoin ETF. Many experts believe Solana will receive early approval, especially after the SEC asked the issuers to file S-1 statements by next week. Crypto analyst, DB, anticipates the approval to come in 3-5 weeks; even Bloomberg analysts have hinted at the same.

Expert comments

Besides, its approval odds are understandable as multiple ETF issuers like VanEck, Bitwise, Fidelity, Grayscale, and 21Shares have filed SOL  proposals.

Another bigger competition is the spot XRP ETF. The SEC will make a decision on Franklin Templeton’s filing by June 17 and ProShares XRP exchange-traded fund on June 25, 2025. Investors have shown high optimism for Ripple’s approval, but the ongoing XRP lawsuit & other factors increase uncertainty.

🚨 ProShares $XRP ETF Update;

A new effective date of June 25, 2025 has been set for their registration amendment, originally filed January 17, 2025.

Bullish 🚀 pic.twitter.com/LISwS1xAEj

— Amonyx (@amonbuy) June 10, 2025

Lastly, the Grayscale Dogecoin ETF is under review, whose decision will supposedly come in June itself. With so many exchange-traded fund-related updates coming this month, investors have dubbed it ‘Altcoin ETF Summer.

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Solana vs XRP vs Dogecoin: Which Crypto ETF Will SEC Approve Next?

Amid the approaching SEC deadline, the market anticipation of which crypto ETF will be approved is increasing. Various crypto analysts have their own theories and claims, and investors also bet on their preferred ones.

According to the Polymarket report, the XRP approval odds are 87% after hitting 98.2% earlier in the month, Solana odds are 91%, Dogecoin odds are 69%, and similar levels are for the rest.

Solana Polymarket data

According to the Bloomberg analyst James Steyffart X post, the highest approval odds are for Litecoin and Solana ETF at 90%  due to 19b-4 acknowledgement, commodity status, and FTC-regulated futures.

XRP ETF is next in line with 85% odds, followed by Dogecoin and HBAR with 80% odds. The experts say the odds are the least likely for the Sui and Tron filing. Overall, the top altcoins would witness the SEC’s positive decision based on these parameters.

Solana XRP Dogecoin ETF Approval

However, the approval timeline is uncertain, as the SEC has delayed many and could delay more due to the high number of filings and regulatory challenges.

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Frequently Asked Questions (FAQs)

1. Which crypto ETFs are awaiting SEC approval in June?

The SEC will decide on several crypto ETFs in June, including Solana, XRP, Dogecoin, Polkadot, Litecoin, Hedera, and many more.

2. Why could Solana ETF be approved next?

Solana has strong approval odds on Polymarket and Bloomberg analysts' reports. Even the SEC recently requested S-1 filings from issuers, leading to experts predicting an approval in 3-5 weeks.

3. What are the odds of the XRP and Dogecoin ETF getting the SEC’s approval?

As per Polymarket, the XRP ETF approval odds are 87%, and Dogecoin stands at 69%.
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Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
Pooja Khardia is a seasoned crypto content writer with 6+ years of experience in writing, including in blockchain, cryptocurrency, DeFi, and digital finance reporting. In her adventure journey, she is currently working with CoinGape Media and leading their Trending Section. Here, she uses her expertise to deliver analytics, market insights, price predictions, and information on what’s trending in the crypto space, aiming to keep the crypto and web3 community updated with market trends and important insights. Known for a user-centric and straightforward writing style, Pooja is passionate about making crypto easy and accessible. Her writing blends market research with storytelling, helping readers stay ahead in a fast-paced industry. When not behind the keyboard, Pooja embraces her creative side through drawing and crafting. Connect with Pooja on LinkedIn or X.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.