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Altcoin ETF Wave Looms: Bloomberg Analysts Boost Approval Odds to 95% for Solana, Litecoin, XRP

2025-07-01 06:56:50

Altcoin ETF Wave Looms: Bloomberg Analysts Boost Approval Odds to 95% for Solana, Litecoin, XRP

Main Idea

Bloomberg analysts have increased the approval odds for spot ETFs tracking Solana, Litecoin, and XRP to 95% or higher for 2025, indicating a significant shift in regulatory progress and market implications.

Key Points

1. Bloomberg ETF analysts James Seyffart and Eric Balchunas raised the approval odds for Solana, Litecoin, and XRP spot ETFs to 95% or higher for 2025.

2. The SEC has been actively engaging with altcoin ETF issuers, including requests for updated filings, signaling regulatory progress.

3. A US-listed Solana staking ETF by REX Osprey indicates growing comfort with staking, previously a concern for Ethereum ETFs.

4. Analysts also project a 90% chance of approval for spot ETFs tied to other major altcoins like Dogecoin, Cardano, Polkadot, Hedera, and Avalanche.

5. Final SEC deadlines for Solana, Litecoin, and XRP ETFs are set for October, with potential for earlier approval of a crypto basket or index ETF.

Description

The cryptocurrency market is abuzz with heightened anticipation as leading Bloomberg ETF analysts, James Seyffart and Eric Balchunas, have significantly raised the approval odds for spot Exchange-Traded Funds (ETFs) tracking Solana (SOL), Litecoin (LTC), and XRP. Their latest assessment puts the probability of these altcoin ETFs getting the green light from the U.S. Securities and … Continue reading "Altcoin ETF Wave Looms: Bloomberg Analysts Boost Approval Odds to 95% for Solana, Litecoin, XRP"...

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Altcoin News Breaking News Latest Blockchain News Live Crypto News News Altcoin ETF Bloomberg Analysts Crypto regulation Cryptocurrency Eric Balchunas James Seyffart Litecoin market prediction sec approval Solana spot etf XRP
$SOL
$152.83
--1.80%
$XRP
$2.2443
--1.09%
$LTC
$88.99
--0.81%

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