In a recent update, Bloomberg’s Senior ETF Analyst Eric Balchunas shared fresh updates on the chances of various spot cryptocurrency ETFs getting approved by the U.S. Securities and Exchange Commission (SEC).
In a post on X (formerly Twitter), Balchunas mentioned he’s hoping to hear from the SEC directly, but for now, the chances for several crypto ETFs getting the green light are looking strong.
The analyst has listed the approval odds for popular cryptocurrencies like Litecoin, Solana, XRP, and others. And guess what? Some of them have a 90% chance of approval in 2025.
Here’s a quick, easy look at the latest numbers:
Most of these crypto assets are likely to be treated as commodities by the SEC, which makes their approval chances even brighter.
The report also points out key dates and regulatory deadlines for each ETF. It’s clear that the crypto market is moving closer to becoming a bigger part of the traditional financial world. If these ETFs get approved, it could open the door for more investors to safely and easily invest in popular cryptocurrencies through regular stock market channels.
Russia’s state-owned technology giant Rostec is stepping into the digital finance space with big plans.…
The price of PI Network has shown remarkable resilience, hovering around the $0.477 mark in…
Binance has just rolled out a new loan service aimed at helping institutional clients access…
Nano Labs, a leading Web 3.0 infrastructure provider in China, recently made a bold move…
Story Highlights The live price of the Polygon coin is . The MATIC price could…
Ripple vs. SEC case saw renewed speculations after the SEC’s closed-door meeting yesterday. Posts on…