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#打榜优质内容 This October, the crypto market is preparing for a "regulatory storm"! The U.S. Securities and Exchange Commission (SEC) is finally not delaying and will make a final decision on at least 16 spot crypto ETFs covering SOL, XRP, LTC, DOGE, ADA, and other major tokens. Even more impressively, the approval process has been completely accelerated to completion in 75 days, and a major test determining the fate of altcoins will soon be announced!
It is especially worth noting that the likelihood of approval for Litecoin (LTC) and Solana (SOL) has increased to nearly 100% — will this be the spark for a rapid rise in altcoins?
Unlike the traditional "delay tactics" of the SEC, this time the regulator has set a clear schedule. In October, 16 spot ETFs, including SOL, XRP, LTC, DOGE, ADA, HBAR, will receive a final response of "approved" or "denied".
More importantly, the reform of the approval process is crucial: the SEC recently withdrew several old delay notices and introduced a new "universal listing standard," reducing the review period to 75 days. This means that the crypto market has finally gotten rid of the "indefinite waiting" and has a clear regulatory timeline.
The entire October program is interconnected, and the following dates will be the focus of the market:
• October 2: The Litecoin ETF Canary was the first to receive a decision, "taking the first shot" in this wave of approvals.
•October 10: The decision on Grayscale's application to convert SOL and LTC trusts into ETFs took place on the same day, doubling attention sparked the market.
•October 24: The WisdomTree XRP ETF hits the scene, setting the tone for the market situation at the end of the month.
In addition, Cardano (ADA), although it has not announced a specific date, will also receive a final decision at the end of October. It is worth noting that giants such as BlackRock and Fidelity are not participating in this process, but if any ETF is approved, it will pave the way for further institutional entry, and its symbolic significance greatly exceeds that of an individual product.
According to analysis data from various sources, LTC and SOL have become the biggest favorites of this round of approval:
Litecoin (LTC): an old player, confident in victory
As the "evergreen plant" of the crypto world, Litecoin has gained relative recognition from regulators due to its long history and non-securitized status. Even more impressive is the fact that founder Charlie Lee publicly stated: "A spot ETF for LTC will be coming soon!" His confidence stems from the new SEC rules that explicitly include LTC among the ten assets that meet the requirements.
Data from the market prediction platform Polymarket shows that the probability of LTC ETF approval this year has sharply increased to 93%, practically securing victory.
Solana (SOL): a favorite among institutions, just lacking the wind from the side.
Bloomberg ETF analyst Eric Balchunas's comments are even more direct: "The probability of success for the SOL ETF is approaching 100%! Under the new rules, previous obstacles no longer exist, only the final stage of process improvement remains."
In other words, Solana's qualification fully meets the requirements, and SEC approval is just a matter of time. Institutional investors are already ready, it's just a matter of waiting for the green light from regulators.
Cardano (ADA): confidently moving forward, waiting for good news
Although the decision-making time for ADA is slightly delayed, its likelihood of approval at 93% should not be underestimated. If LTC and SOL go first, the approval of ADA is almost guaranteed.
For investors, the most crucial question is: can these ETF approvals turn into actual profit? Currently, analysts are divided into two camps:
Optimists: the spring of altcoins is approaching
Bitcoin analysts point out that after the approval of the ETF, traditional financial institutions will have legal channels for investing in altcoins, and a large influx of funds will cause the "altcoin resonance effect." There are precedents regarding the behavior of Bitcoin and Ethereum ETFs after their approval, so major altcoins are likely to repeat this successful model.
Cautious share: a new era requires new logic
However, James Seyffart from Bloomberg expressed a different opinion: "Institutional investors are more inclined to buy 'packaged ETFs' that contain several assets, rather than products with a single coin. Furthermore, the model whereby institutions indirectly own tokens through regulated products may change the traditional pricing mechanism."
It should be reminded that even if the ETF is approved, there may be a short-term correction in the market of "positive news" when all the positive news is already priced in. The crypto market is very volatile, and investors should avoid blind increases and wait for a clear trend definition before making investments.