Bloomberg analysts predict that the approval likelihood for ETFs of Litecoin, XRP, and Solana is at 95%. As applications increase, different cryptocurrencies have also started to be among the ETF candidates. New decisions to be made by the SEC could open the door to new opportunities in the crypto market.
As evaluations regarding the future of Spot ETF products in the crypto markets are gaining momentum, analysts James Seyffart and Eric Balchunas from Bloomberg shared their predictions about the likelihood of some cryptocurrency-based ETF applications being approved in 2025. The approval probability for Litecoin (LTC, $83.36), XRP, and Solana (SOL) is considered quite high, around 95%. This situation indicates that investor interest in crypto assets will spread to a broader audience.
Additionally, the likelihood of approval for ETF applications based on Dogecoin (DOGE, $0.16), Cardano (ADA, $0.58), Polkadot (DOT), Hedera (HBAR), and Avalanche (AVAX, $18.29) is estimated to be around 90%, while this rate is projected to be 60% for Sui (SUI). Tron (TRX) ETF applications are among those unlikely to receive approval in 2025. These differences highlight the divergences in the integration of crypto assets into traditional financial markets.
On the Ethereum (ETH) side, analyst James Seyffart states that the approval of Ethereum staking ETFs in 2025 is "highly likely." This forecast indicates that investors' interest in new crypto-themed financial products will continue.
Moreover, new ETF applications based on assets such as Axelar (AXL), BNB, Aptos (APT), Chainlink (LINK, $12.70), Pudgy Penguins (PENGU), Official Trump (TRUMP), Melania (MELANIA), and Bonk (BONK) are also present in the market, and the evaluation process is ongoing.
As a reminder, Spot Bitcoin ETFs were approved by the SEC in January 2024, leading to a significant increase in Bitcoin investments. It is also reported that approvals for Ethereum ETFs have been given recently. These developments indicate that regulatory steps in the crypto market are accelerating and offering investors a wider range of product options. Analysts point out that the SEC's new approaches could open the door for the launch of other cryptocurrencies as financial products.
As multiple cryptocurrency-based ETF applications are being eagerly monitored in the upcoming period, it is known that portfolio-based ETFs are also in the evaluation stage. The SEC's stance on this matter will play a critical role in determining the future of the crypto market.
The increase in cryptocurrency-based ETF applications positively contributes to the proliferation of the sector, while it is important for investors to remember that the approval processes depend on legal and regulatory dynamics.
Analysts' views indicate that the position of cryptocurrencies in the financial system is increasingly strengthening. The high predicted approval rates for ETFs show that market expectations are positive. Especially with the introduction of spot ETFs, an increase in investor interest in these products is expected. This situation may lead to new regulatory and oversight processes coming to the agenda.
PLEASE READ CAREFULLY FOR A $10 GIFT FOR 170 PEOPLE.
Friends who have not yet activated the futures trading section will earn $10 when they activate the futures trading section by entering my referral code 88623008. The first 170 people will benefit from this reward.
I AM EXPLAINING IN DETAIL.
My siblings who registered on Binance without a referral, please listen carefully.
When you follow my instructions in order, you will win 10 USDT.
Go to the Futures section from your application.
On the next screen, enter the REFERRAL CODE section and enter the code 88623008 to open your account.
Siblings who want to complete this transaction by April 10 to receive a 10 USDT reward can do so. After this, it will be sufficient to have a trading volume of $30 after activating your account. However, if you do this after April 10, your reward will not come. Therefore, I recommend you to handle it within 5 seconds.
THE SYSTEM WORKS ON A FIRST-COME, FIRST-SERVED BASIS. THEREFORE, DO NOT BE LATE TO CLAIM YOUR GIFT. IT IS LIMITED TO 170 PEOPLE.
PLEASE READ CAREFULLY FOR A $3,300 GIFT.
Friends, as publishers, you know that we do everything we can for you. We communicate to you the services and opportunities provided to us by our authorities. I have never withheld my support for both the cryptocurrency market and you; on the contrary, I strive to provide more support.
Now I will explain how to claim your gift. First of all, those of you who have not opened a futures trading account need to activate this account with a short transaction. I will explain how to activate it in detail and simply.
So who can benefit?
Friends who have not yet activated the Futures section can activate it by entering my referral code 88623008 when opening the FUTURES section. It is an easy process. I have shown where it is below.