✨✨LATEST: Bloomberg Analysts Share the Latest Spot ETF Approval Chances for 9 Altcoins Including XRP, DOGE, and ADA! ✨✨
Bloomberg’s experienced ETF analyst Eric Balchunas interpreted the increasing interest of the U.S. Securities and Exchange Commission (SEC) in cryptocurrency ETFs as a positive development. In this regard, Balchunas updated the likelihood of many spot cryptocurrency ETFs being approved by 2025 to 90% and above.
In light of the data published by Balchunas, the approval likelihood for spot ETF applications of leading crypto assets such as Litecoin, Solana, and XRP has risen to 95%. For Dogecoin, Cardano, Polkadot, HBAR, and Avalanche, the approval probability is estimated to be around 90%. The SEC’s classification of these assets largely as “commodities” and the fact that their futures are regulated by the CFTC are significant factors supporting the approval chances.
On the other hand, the approval expectations for SUI and Tron (TRX) present a more uncertain picture. The likelihood of SUI being approved is assessed at 60%, while no probability was indicated at this stage for TRX due to the postponement of the final decision date to 2026.
Dear friends, please do not hold back your free support. I am trying to bring such news to you instantly. My only request is, if there are those who are still not following me, I would be happy if you did. Don't forget to like my articles and posts. Thank you.