The latest approval odds for the XRP ETF revealed by Bloomberg have increased Bloomberg's odds for approval of exchange-traded funds (ETFs) based on the immediate currency in 2025 to 95% in the latest update.

This comes amid increasing participation from the U.S. Securities and Exchange Commission (SEC), which is seen as an encouraging sign for ETF issuers.

As reported by U Today, Bloomberg analysts previously estimated that the likelihood of approval for exchange-traded funds (ETFs) based on this currency this year was 85%.

The latest update shows that the proposed ETFs tracking Litecoin and Solana are also at 95%. They were previously at 90%.

The same applies to proposals for exchange-traded index funds for altcoins such as Cardano, Polkadot, and Avalanche. The odds of success for these products were previously estimated at 95%.

According to Bloomberg, the U.S. Securities and Exchange Commission (SEC) is likely to view all of these tokens as underlying commodities.