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

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.

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.

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.

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.

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.

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.