According to reports from Wu, Bloomberg analysts Eric Balchunas and James Seyffart have raised the probability of approval for most spot cryptocurrency ETFs to 90% or higher. The two pointed out that the active interaction from the U.S. SEC is an important signal.
However, the specific approval or launch timeline remains uncertain, potentially within the next month or two, or it may be delayed until after October. They emphasized that this is a matter of 'when it will happen' rather than 'if it will happen.'