Algorithmic Ratings & Investment Analysis
© ARIA 2025
by aria-ratings.com
June 25, 2025 at 22:49
Bloomberg Analysts Predict 90% Odds for Cardano, Ripple, and Solana ETF Approvals
This week, discussions surrounding altcoin ETFs have intensified among cryptocurrency traders and analysts.
With Bitcoin ETFs witnessing significant inflows, expectations are rising for the approval of altcoin-based ETFs in the near future.
Experts believe that such approvals could ignite a long-awaited altcoin rally in the cryptocurrency market.
Recent insights from Bloomberg analysts James Seyffart and Eric Balchunas suggest an optimistic outlook, raising the approval odds of various spot crypto ETF filings to 90% or more.
They noted that the SEC’s engagement with recent ETF filings is a positive indicator of the approval process.
While an exact timeframe remains unclear, many analysts anticipate possible approvals could occur within the next few months, potentially extending to October.
Among the altcoins with active ETF filings are XRP, Solana, Cardano, Dogecoin, Litecoin, and Polkadot.
Despite the lack of announced approval dates by the SEC, analysts maintain a hopeful stance regarding imminent approvals.
Seyffart emphasized that it's more a matter of "when" rather than "if" these ETFs will be approved, bolstering market confidence.
As the crypto markets await further developments, the potential for altcoin ETFs could significantly reshape investor dynamics in the coming months.
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