The probability of approval for a crypto-ETF in the USA has reached 90%

Bloomberg analysts estimate the probability of approval for a crypto-ETF in the USA at 90% or higher. This is due to a change in the attitude of the Securities and Exchange Commission (SEC) towards cryptocurrencies. The SEC is likely considering cryptocurrencies such as Litecoin, Solana, XRP, Dogecoin, Cardano, and others as "commodities." Such recognition may simplify access for institutional investors to the cryptocurrency market.

Comment:

Potential approval of a crypto-ETF could significantly change the market by attracting more institutional investors and increasing liquidity. Recognizing certain cryptocurrencies as commodities will also enhance their legitimacy and may contribute to broader adoption. This could be an important step towards integrating cryptocurrencies into traditional financial systems.