Bloomberg Analyst Sees 100% Approval Odds for Crypto ETFs
The post Bloomberg Analyst Sees 100% Approval Odds for Crypto ETFs appeared on BitcoinEthereumNews.com.
Bloomberg’s senior exchange-traded fund (ETF) analyst Eric Balchunas has raised his odds for the approval of spot crypto ETFs tied to altcoins to 100%. His assessment follows the US Securities and Exchange Commission’s (SEC) decision to eliminate the need for 19b-4 filings under newly adopted generic listing standards. Sponsored Sponsored Bloomberg Analyst Says Odds for Altcoin ETF Approvals Now at 100% Asset managers have been pursuing altcoin ETFs after the successful launches of Bitcoin and Ethereum spot funds. A flurry of filings has targeted cryptocurrencies such as Solana (SOL), XRP (XRP), Cardano (ADA), Litecoin (LTC), Dogecoin (DOGE), and more. Throughout 2025, the SEC delayed decisions on these proposals, extending deadlines multiple times. Yet, the regulator has also taken measures to streamline the process amid a more accommodating stance toward crypto. BeInCrypto reported that the SEC approved generic listing standards for spot crypto ETFs on September 17, fueling optimism about the prospects of altcoin ETFs. “We’re going to get well over a 100 ETFs probably that are going to be involved in the crypto space in the next six to 12 months,” Bloomberg’s ETF analyst James Seyffart said last week on a podcast. In line with this, the SEC instructed issuers to withdraw their 19b-4 filings for LTC, XRP, SOL, ADA, and DOGE ETFs. Balchunas explained that the 19b-4 filings and their associated review deadlines have become irrelevant now. The only remaining requirement is the approval of the S-1 registration statements, which detail the structure and operations of the ETFs. He also added that, “Honestly, the odds are really 100% now.” Sponsored Sponsored The new forecast comes after Bloomberg analysts had previously raised their approval odds for altcoin ETFs from 90% to 95%. Will Too Many Crypto ETFs Backfire? Despite the enthusiasm, concerns about market impacts persist. A user noted that…
Filed under: News - @ September 30, 2025 11:29 am