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:
- Crypto Basket ETFs (mix of different coins) – 90%
- Litecoin (LTC) – 90%
- Solana (SOL) – 90%
- XRP – 85% (important update coming on April 21st)
- Dogecoin (DOGE) – 80%
- HBAR – 80%
- Cardano (ADA) – 75%
- Polkadot (DOT) – 75%
- Avalanche (AVAX) – 75%
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.
