š§ Bloomberg Flagging High ETF Approval Odds
$XRP , $SOL , LTC ETFs now estimated at 95% chance of approval in 2025, according to Bloomberg analysts James Seyffart and EricāÆBalchunas .
Other altcoin ETFsāDOGE, ADA, DOT, AVAX, HBARāhave crossed the 90% approval threshold, following positive engagement from the SEC .
šØ Why the Surge in Confidence?
SEC has actively engaged: requested Sā1 updates, collected public feedback on Solana and XRP filings .
SEC appears to be treating these altcoins as commodities, smoothing the regulatory path .
Bloomberg forecasts this as a matter of when, not ifāranging from āin the next month or twoā to Q4 pending timelines .
š Implications for Crypto
Institutional investors readying for diversified altcoin exposure.
Could be the next wave of inflows after BTC and $ETH ETFs.
Retail & institutional narratives stand to gain: legitimacy, accessibility, and liquidity.