Bloomberg analysts, James Seyfarth and Eric Balchunas, raised the odds of approval for ETFs $XRP , $DOGE , and $ADA traded on the spot exchange to 90% or higher, citing active involvement from the U.S. Securities and Exchange Commission (#SEC ) and constructive submissions from 19b-4.
They noted that the U.S. Securities and Exchange Commission (SEC) considers many altcoins as commodities, indicating smoother regulatory pathways.
Polymarket showed 90% odds for #XRP and 71% for #DOGE , with similar positive estimates for #ADA .
With Bitcoin ETFs and #Ethereum traded on the spot exchange attracting massive inflows - and the SEC requesting updates on Solana filings - analysts now say it’s a matter of time, not if, and it’s likely to happen by the end of the year.