Among those with overwhelming approval chances from the SEC Bloomberg
The odds suggest that the U.S. Securities and Exchange Commission will approve most of the proposed cryptocurrency ETFs, including various XRP funds, by their set deadlines, according to Bloomberg analysts James Seifart and Eric Balchunas.
"We are raising our expectations for the vast majority of spot cryptocurrency ETF applications to 90% or higher," said James Seifart of Bloomberg Intelligence in a post on platform X. "We see SEC engagement as a very positive sign in our view."
According to analysts, ETFs for assets such as #LTC and $SOL and $XRP and $DOGE and #ADA are all now standing at or above the 90% mark.
These estimates reflect increasing optimism from ETF specialists following a wave of 19b-4 filings and S-1 amendment requests from the SEC.
Analysts view this exchange process as a signal that the SEC is now more willing to work with issuers.
The only delayed asset is #SUI , which was submitted by Canary alone. Bloomberg gives it a 60% chance of approval, pointing to a lack of regulated futures and regulatory uncertainty.
Bettors on Polymarket are also feeling optimistic.
They are giving a 98% chance for an ETF approval for XRP this year, and a 91% chance for an SOL fund to get the green light. It's also likely that a DOGE fund will receive approval, as bettors give it a 71% chance of happening.
