Bloomberg analysts have significantly increased the approval odds for most spot cryptocurrency ETFs, citing rising optimism over the SEC’s regulatory tone.
Bloomberg ETF Analyst James Seyffart, alongside Eric Balchunas, announced they now place the chances of approval for the majority of pending spot crypto ETF filings at 90% or higher.
This marks a notable shift from less than two weeks ago, when both analysts placed approval odds for funds tied to XRP, Dogecoin, and Cardano below the 90% threshold. Now, these tokens join other active proposals—including Litecoin, Solana, Polkadot, and Avalanche—with high confidence of receiving SEC approval by the end of 2025.
The analysts attribute this growing optimism to increased engagement from the SEC. “Engagement from the SEC is a very positive sign in our opinion,” Seyffart noted in a post on X.
Fueling this momentum is a leadership change at the SEC. Since Paul Atkins assumed the role of chairman in April, he has taken a friendlier approach to digital assets, which analysts believe could pave the way for a broader wave of crypto-related investment products.
Dozens of spot crypto ETF filings are currently awaiting regulatory clearance. With institutional interest rising and regulatory sentiment turning more constructive, analysts suggest that the coming months could be pivotal for the future of altcoin-focused ETFs.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/spot-crypto-etfs-gain-momentum-as-approval-odds-jump-to-90/