90% Chance of Solana & Litecoin ETFs in 2025? Bloomberg’s New Crypto Prediction Shocks Markets
Bloomberg Intelligence just dropped a big prediction that’s turning heads in the crypto space. There’s now a 90% chance that spot ETFs for Solana (SOL) and Litecoin (LTC) could be approved in 2025. That stat alone has triggered strong reactions across social media, especially since it comes at a moment when Solana’s chart is flashing a potential breakout with a Bollinger Band squeeze forming.
Here’s the rundown: several major players have already filed for these ETFs. For Solana, the list includes big names like Grayscale, VanEck, 21Shares, and Franklin. Litecoin’s got filings from Canary, Grayscale, and Coinshares. Both have made it past the SEC’s 19b-4 acknowledgment step and are now just waiting on a final decision from the regulators later this year.
What makes these filings stand out? The SEC seems to view both SOL and LTC as commodities, and they’ve already got regulated futures contracts, two big green lights when it comes to ETF approval. The deadlines are set: Litecoin’s is on October 2, and Solana’s is coming right after, on October 10.
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Crypto expert MartyParty is also chimed in as he highlighted Bloomberg’s odds in a tweet: “90% probability for $LTC and $SOL,” with XRP following at 85% and Dogecoin and HBAR both sitting at 80%.
#ETF News: @Bloomberg Intelligence has presented its rating of the chances of crypto ETF approvals in 2025
▪️ 90% probability for $LTC and $SOL
— MartyParty (@martypartymusic) April 30, 2025
▪️ 85% for $XRP
▪️ 80% for $DOGE and $HBAR
▪️ 75% for $DOT, $ADA and $AVAX pic.twitter.com/Axih6IvUqU
All eyes are now on what comes next, both on the charts and in Washington.
Market Anticipation Grows Amid ETF Noise
The ETF news has emerged at a time when Solana’s price behavior is attracting trader interest. According to top analyst Ali, Bollinger Bands on Solana’s 4-hour chart are squeezing, indicating a likely breakout.
Technically, the price of Solana has held in a very tight range between $144 to $150. This is after a previous run-up from $128 to $158 from April 18th to April 25th. The squeeze denotes lower volatility and usually follows through with a speedy move in one direction or the other.
Traders are watching the $144 support and $152 resistance levels closely. A confirmed breakout from this range could coincide with ETF-related sentiment shifts.
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Moreover, the bands have narrowed considerably since April 29. Price compression is consistent with a sideways structure following the previous uptrend. This pattern often builds pressure that leads to a breakout.
Confirmation in the volume is likely to influence the size and the direction of the move. An upside breakout beyond $152 would lead to higher gains, but a breakdown below $144 could cause the reversal.
Technical and Regulatory Factors Align for Solana
The combination of bullish technical formations and optimistic ETF projections has placed Solana in a sensitive market position. With regulatory decisions pending and technical indicators tightening, market participants are monitoring developments on both fronts.
If either LTC or SOL secures ETF approval in 2025, it would mark a major development in altcoin market access for institutional investors.
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