Bloomberg analyst predicts a 70% probability that the Solana ETF will be approved by October 10, 2025.

On February 11th, Bloomberg's Digital Asset Analyst James Seyffart and Senior ETF Analyst Eric Balchunas publicly disclosed their predicted approval probabilities for four cryptocurrency ETF applications, including the highly anticipated Solana ETF. According to the assessment of Bloomberg's analysts, Solana has a 70% chance of officially entering the traditional financial market by October 10, 2025 (the final decision deadline of the U.S. Securities and Exchange Commission SEC). Seyffart and Balchunas are optimistic because the SEC recently officially accepted Grayscale's 19b-4 application, which is a key development that never occurred under the leadership of former SEC Chairman Gary Gensler. Although the approval probability of a spot Solana ETF is as high as 70%, analysts believe that another altcoin with a smaller market capitalization is more likely to be the first to land on Wall Street - Litecoin (LTC). LTC currently ranks 17th in the global crypto market, and its ETF approval probability is assessed at 90%. The main reason is that the SEC has classified Litecoin as a Commodity, similar to Bitcoin's regulatory positioning, making it more likely to be approved.