The approval odds for ETF increases in 2025 even for altcoins
The odds of ETF approvals are increasing, based on predictions from Bloomberg.
Solana and XRP are the focus of most applications.
A queue of 72 fund applications is waiting for discussions and approval.
The odds of more ETF approvals in 2025 are relatively high, even for altcoins. According to Bloomberg's prediction, the ETF with the lowest chances of approval is an Avalanche ETF at 75%.
More ETFs can be approved in 2025 with relatively high odds, even for altcoins. The lowest odds for an Avalanche ETF are 75%, while Dege faces an 80% chance of approval, noted Eric Balchunas, senior ETF analyst for Bloomberg.
The odds are for some of the most prominent applications from entities already experienced in executing BTC and ETH funds. The queue for ETF approvals already has 72 applications for even smaller altcoins.
The highly anticipated ETFs may continue to see short-term delays, with the first approvals expected towards the last quarter of 2025. ETFs have taken years for their initial approvals, depending on the SEC's procedure.
Delays are common for ETF approvals, as the SEC postponed its decision on several funds. The delays affected the XRP by Franklin Templeton, as well as the Doge and Ethereum ETFs. In total, five ETFs were delayed for further review and discussion.
Despite attempts to launch ETFs for niche tokens or even memes, most offerings are for funds based on Solana or XRP. A total of 19 XRP funds are awaiting approval, with no hard deadline, as most are at different stages in their applications.
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