Bloomberg senior ETF analyst Eric Balchunas believes that the approval probability for a spot cryptocurrency ETF in the U.S. is very optimistic, with Litecoin and Solana ETFs having a 90% chance of approval, followed closely by XRP, while Dogecoin and HBAR also have an 80% chance.

Additionally, Bank of America, Morgan Stanley, Wells Fargo, and UBS expect to fully offer Bitcoin ETF services by the end of the year. The integration of traditional finance and the cryptocurrency market is advancing rapidly, and new capital inflows are imminent.

Unlike BTC and ETH, this time the funds may enter smaller market cap assets more diversely, making it potentially a golden window period for retail investors to position themselves in these potential ETF targets.

This is known as the ETF concept. $XRP