The SEC has begun reviewing Grayscale's applications for XRP and Dogecoin ETFs, with decisions expected by October 2025, marking a shift in the agency's approach to cryptocurrency investment products.

Odds of a litecoin (LTC) exchange-traded fund (ETF) going live in the coming months jumped to over 90% with dogecoin (DOGE) next at 75% odds, well-followed ETF analyst James Seyffart said in an X post late Monday.

The SEC on Thursday officially acknowledged Grayscale’s application to convert its XRP and Dogecoin Trusts into ETFs, marking an unprecedented move that could signal a shift in its approach to crypto products.

Spot altcoin ETFs stand a good chance of being confirmed in 2025, according to Bloomberg ETF analysts. What Happened: Senior Bloomberg ETF analyst Eric Balchunas on Monday stated that Litecoin (CRYPTO: LTC) has the highest ETF approval odds at 90%.

The odds of approval for a Litecoin ETF have surged to 90%, with Dogecoin at 75%. XRP and Solana ETF approval chances remain below 75%,

LTC and $DOGE prices climbed Monday night after Bloomberg senior ETF analysts projected that Litecoin ETFs have a 90% chance of getting approved by the U.S. SEC this year.

The US Securities and Exchange Commission has acknowledgedfilings from crypto asset manager Grayscale to list spot XRP and Dogecoin exchange-traded funds (ETFs). The SEC’s Feb. 13 acknowledgments of Grayscale’s Form 19b-4 filings for the Grayscale XRP Trust and the Grayscale Dogecoin Trust means the clock will soon start for the agency to review