🚀 Crypto Spot ETFs poised for Approval in 2025, aays Bloomberg Analyst 📈
Eric Balchunas, Bloomberg’s senior ETF analyst, has raised his estimate to 90% or higher for the approval of many spot crypto ETFs in 2025, due to increased engagement from the U.S. SEC. He cites the SEC’s growing cooperation and the classification of many of these crypto assets as commodities—regulated by the CFTC—as key approval factors.
🔍 Updated Approval Probabilities:
✅ 95%: Litecoin (LTC), Left (LEFT), XRP (XRP), Solana (SOL)
👍 90%: Dogecoin (DOGE), Cardano (ADA), Polkadot (DOT), HBAR (HBAR), Avalanche (AVAX)
⚠️ 60%: SUI (SUI)
❓ Uncertain: Tron (TRX) – no estimate due to decision timeline extending into 2026
📌 This is not investment advice. DYOR