Bloomberg has raised the odds of SEC approving crypto ETFs to 90% or higher after the regulator requested revised filings from issuers. The SEC is believed to view altcoins like Solana, XRP, Litecoin, Dogecoin, and Cardano as commodities, paving the way for ETFs beyond Bitcoin. Requests for clarification on in-kind redemptions and staking suggest active review of fund structures. While optimism grows, analysts caution that official launches may still take several months.

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