In October 2025, the U.S. Securities and Exchange Commission (SEC) is set to deliver final rulings on at least 16 spot cryptocurrency exchange-traded funds (ETFs) involving a variety of tokens beyond Bitcoin and Ethereum, such as SOL, XRP, LTC, DOGE, ADA, and HBAR. According to the latest developments, the SEC has rescinded multiple delay notices and expedited the approval process through new universal listing rules, reducing the review period to within 75 days.

According to crypto reporter Eleanor Terrett, the SEC has requested the issuers of LTC, XRP, SOL, ADA, and DOGE ETFs to withdraw their 19b-4 filings as these filings are no longer needed after the approval of the universal listing standards.

Since the approval of Bitcoin and Ethereum spot ETFs, there has been a significant influx of funds and a notable price impact. So, can these multiple ETFs be approved this time, and will there be a price surge effect?

The final ruling deadline for multiple token ETFs is in October

According to data compiled by Twitter blogger Jseyff, the final deadline for several Shitcoin spot ETFs is spread throughout October. The first to be considered is Canary's LTC ETF, with a deadline of October 2nd.

Next is Grayscale's Solana and LTC Trust conversion, with a date of October 10th, and finally, WisdomTree's XRP fund, set for October 24th.

According to the pending approval list created by Bloomberg ETF analyst James Seyffart, decisions may come at any time before the final deadline.

These applications come from institutions such as Grayscale, 21Shares, Bitwise, Canary Capital, WisdomTree, and Franklin Templeton. It is worth noting that this round does not involve BlackRock or Fidelity, but this does not diminish the potential impact—if approved, they could pave the way for larger-scale products in the future.

Following BTC and ETH Spot ETFs, currently no other currency has received SEC approval. The application for approval by the SEC has been dragging on, following its past style of delays. However, the upcoming ultimate decision must give the market a Yes or No outcome.

The market is eagerly anticipating this.

The approval or rejection of Litecoin and SOL, which will be the first to be decided, will set the market's expectations.

Approval Probability

At the end of July this year, the SEC's new listing standards mainly focused on the eligibility requirements and operational mechanisms of crypto ETPs. First, in-kind creation and redemption were officially permitted, meaning authorized participants can exchange ETP shares with actual crypto assets rather than cash.