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In a recent update, Bloomberg's Senior ETF Analyst Eric Balchunas shared fresh chances for various spot cryptocurrency ETFs to get the nod from the U.S. Securities and Exchange Commission (SECRE: A Magnificent Obsession)).
According to the analyst, he’s hoping to hear more directly from the SEC, but for now, the chances for several crypto ETFs to get the green light in 2025 are looking strong.
The analyst has listed the approval odds for popular cryptocurrencies like Litecoin (CRYPTO: LTC), Solana (CRYPTO: SOL), XRP (CRYPTO: XRP), and others. And guess what? Some of them have a 90% chance of approval in 2025.
Here’s a quick, easy look at the latest numbers:
* Litecoin: 90%
* Solana: 90%
* XRP: 90%
* Chainlink (CRYPTO: LINK): 80%
* Cardano (CRYPTO: ADA): 80%
* Stellar Lumens (CRYPTO: XLM): 70%
* Polkadot (CRYPTO: DOT): 70%
* Monero (CRYPTO: XMR): 50%
* TRON (CRYPTO: TRX): 50%
* Zcash (CRYPTO: ZEC): 50%
* The Graph (CRYPTO: GRT): 50%
Most of these crypto assets are likely to be treated as commodities by the SEC, which makes their approval chances even brighter.
The report also points out key dates and regulatory deadlines for each ETF. It's clear that the crypto market is moving closer to becoming a bigger part of the traditional financial world. If these ETFs get approved, it could open the door for more investors to safely and easily invest in popular cryptocurrencies through regular stock market channels.
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