Highlights
Bloomberg analysts point out the increasing odss of the SEC's imminent approval of crypto ETFs.
Litecoin and Solana ETFs lead with 90% chance of being approved.
XRP, Cardano, and Dogecoin follow closely, sparking optimism.
As the crypto community eagerly awaits the launch of multiple exchange-traded funds (ETFs), Bloomberg analysts James Seyffart and Eric Balchunas have revealed the odds of approval. According to their analysis, Litecoin and Solana ETFs are leading the pack, while XRP, Dogecoin, and Cardano are lagging behind.
As underscored by the Bloomberg analysts, both Litecoin and Solana funds have a 90% chance of approval. The SEC and CFTC recognize these assets as commodities, contributing to the increasing odds of their ETF approval
Credits : CoinGap