'The Baby Could Come Any Day,' Bloomberg Analyst Says Litecoin, Solana And XRP ETF Approval Odds Now At 100%

Group 1 - The approval of pending cryptocurrency exchange-traded funds (ETFs) tied to assets like Cardano, Litecoin, Solana, and XRP is now considered "100%" guaranteed following the SEC's launch of generic listing standards for cryptocurrency-based ETFs [2][4] - The SEC has requested issuers to withdraw 19b-4 filings related to their ETF applications, which were previously necessary for spot cryptocurrency ETF approvals [2][3] - With the new generic listing standards, only S-1 registration filings are required for spot cryptocurrency ETF applications, eliminating the previous 240-day statutory approval window associated with 19b-4 filings [4] Group 2 - Among the pending spot cryptocurrency ETF applications, Solana-linked products are suggested to be the first to receive approval, as their registration statements have undergone four amendments, indicating high SEC engagement [5] - The launch of Solana ETFs is anticipated to trigger a "Solana season," driven by inflows into the products and demand from digital asset treasury companies [6]