Bloomberg Analysts Revise XRP and Cardano ETF Approval Odds to 90%

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Key Highlights


Bloomberg Analysts Boost Crypto ETF Approval Predictions

Eric Balchunas and James Seyffart, renowned Bloomberg ETF analysts, have upgraded their approval forecasts for spot XRP, Dogecoin (DOGE), and Cardano (ADA) ETFs to 90%. This shift reflects heightened confidence in the SEC’s engagement, as noted in Seyffart’s X post.

The Path to Crypto ETF Approvals

The SEC has delayed decisions on multiple crypto ETF applications, including funds for XRP, SOL, DOT, and others. These ETFs allow investors to speculate on crypto prices without holding assets directly—a safer approach for institutional players.

"We’re raising odds for most spot crypto ETF filings to 90% or higher. SEC engagement is a very positive sign."
— James Seyffart

VanEck’s Solana ETF: A Step Closer to Launch

While Solana ETFs weren’t explicitly mentioned in Bloomberg’s update, VanEck’s SOL ETF listing on DTCC’s platform signals progress.

Key Details

👉 Explore the latest crypto ETF developments


FAQs: Crypto ETF Approvals

1. What’s driving the higher approval odds for XRP and ADA ETFs?

Increased SEC engagement and streamlined filings suggest regulators are warming to crypto investment products.

2. When could the first approvals happen?

Late June or early July are possible, though October 2025 is more likely for final decisions.

3. How does DTCC listing affect VanEck’s SOL ETF?

It streamlines settlement processes but doesn’t replace SEC approval.

👉 Stay updated on crypto ETF news


Final Thoughts

The crypto ETF landscape is heating up, with XRP, ADA, and DOGE leading the charge. Regulatory clarity and institutional readiness—exemplified by VanEck’s DTCC move—could reshape crypto investing in 2025.

Disclaimer: This content is for informational purposes only and not financial advice. Verify details independently before making investment decisions.


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