The cryptocurrency market is preparing to witness another revolutionary process. Bloomberg's leading
#etf analysts Eric Balchunas and James Seyffart announced that they increased the probability of spot ETF approval for major altcoins such as XRP (
$XRP ), Dogecoin (
$DOGE ) and Cardano (
$ADA ) to 90% by looking at the SEC's recent approaches. This prediction had serious repercussions not only in the crypto community but also in the traditional finance world.
📊 Bloomberg: "Altcoin Spot ETF Approvals Are On Their Way!"
In the statements made by Eric Balchunas and James Seyffart, it was emphasized that there has been a noticeable change in the attitude of the US Securities and Exchange Commission (SEC). After years of resistance, the SEC had approved Bitcoin and Ethereum ETFs. Now it is the turn of altcoin ETFs.
“Previously, we saw below 90% approval probability for
#XRP ,
#DOGE and ADA, but now it has increased to 90% and above. The SEC’s approach is changing.” — Eric Balchunas, Bloomberg ETF Analyst
🔁 Approval List Expands: LTC, SOL, DOT and AVAX Are Next!
Balchunas and Seyffart stated that not only XRP, Dogecoin and Cardano, but also other major altcoins such as Litecoin (LTC), Solana (SOL), Polkadot (DOT) and Avalanche (AVAX) are likely to receive approval.
According to analysts, spot ETF approvals for these altcoins could pave the way for a new wave of institutional investment in the sector.
🧑⚖️ New Chairman at the SEC: The Paul Atkins Effect
Paul Atkins, who was appointed SEC Chairman in April 2025, has previously stated that he will take a “friendly and constructive” approach to digital assets. The political moves made in the weeks after taking office and the constructive attitude given to ETF applications have had a positive impact on the markets.
📌 In particular, the request for additional documents in the Solana ETF application shows that the approval process is being taken seriously and may yield positive results.
💰 New Doors Open for Institutional Capital
So far, only Bitcoin and Ethereum spot ETFs have been offered to investors. These funds have attracted billions of dollars of capital to the sector for investors who want to benefit from price movements without directly purchasing crypto. If altcoin ETFs are approved:
Institutional investors will show more interest in coins such as XRP, DOGE, ADA.
Market liquidity will increase.
A long-term upward trend in altcoin prices may begin.
📈 A New Era Begins in the Markets
Altcoin ETF approvals are interpreted as the beginning of a new era in the cryptocurrency world. Investors will now be able to invest not only in Bitcoin and Ethereum, but also in the most popular altcoins through regulated funds.
The SEC is expected to approve these applications in the second half of 2025. According to Bloomberg analysts, a large number of altcoin ETFs could be approved by the end of the year.
🔮 CONCLUSION
🔹 XRP, DOGE, ADA and other major altcoins are about to enter the institutional arena with spot ETF approval.
🔹 The policies of the new SEC chairman Paul Atkins are accelerating the process.
🔹 Spot ETFs will help altcoins gain trust from investors by increasing their reputation.
With spot ETFs, 2025 could be the year that crypto investment is reshaped.
#MarketPullback #BTCbelow100k