According to a recent report by COINOTAG> on April 30, Bloomberg’s Senior ETF Analyst, Eric Balchunas, provided significant insights into the cryptocurrency ETF landscape. Bloomberg Intelligence forecasts that there is a remarkable 90% probability of approval for LTC and SOL spot ETFs by 2025. Additionally, the likelihood of an XRP spot ETF receiving approval stands at 85%. Notably, the approval probabilities for DOGE and HBAR ETFs are projected at 80%, while ADA, DOT, and AVAX spot ETFs have a 75% chance of being approved. These forecasts highlight the growing interest in diversified crypto investment products, underscoring a shift towards more structured market participation.
Source: https://en.coinotag.com/breakingnews/bloomberg-predicts-90-approval-chance-for-ltc-and-sol-spot-etfs-by-2025/