PANews reported on February 11 that according to statistics from 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%, as it is considered a high-probability commodity by the SEC

• Dogecoin (DOGE): 75%, also likely to be identified as a commodity by the SEC

• Solana (SOL): 70%, but the SEC still considers it a security

• XRP: 65%, mainly affected by SEC lawsuits and the need 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 and Commissioner Hester Peirce's crypto working group are 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 Democrats, the probability of approval of 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 sort out the Ripple case first before the ETF has a higher chance of approval.