Bloomberg ETF analyst James Seyffart projects a high probability of regulatory approval for spot exchange-traded funds (ETFs) tracking several major cryptocurrencies by conclusion 2025.
Key cryptocurrencies display tiered approval probabilities. Litecoin (LTC), Solana (SOL), and XRP each reportedly hold a 95% likelihood of gaining spot ETF authorization.
A cluster including Dogecoin (DOGE), Hedera Hashgraph (HBAR), Cardano (ADA), Polkadot (DOT), and Avalanche (AVAX) is forecasted to have a slightly lower, yet still substantial, 90% chance of approval.
The forecast indicates SUI carries a moderate 60% probability, while Tron (TRX) faces a balanced 50% likelihood.
This analysis signals escalating institutional and regulatory interest in offering diversified cryptocurrency investment avenues via ETFs. Such potential approvals represent a pivotal expansion for broader crypto market accessibility involving retail investors and asset managers.