彭博智能揭示2025年加密ETF批准賠率

彭博情報公司（Bloomberg Intelligence）於2025年發布了更新的賠率（ETP）批准。

output: Among the varied cryptocurrency assets, Solana (CRYPTO: SOL), Litecoin (CRYPTO: LTC), and crypto index funds appear to have the highest chances of SEC approval in 2025, according to a recent analysis by Bloomberg Intelligence.

輸出：根據Bloomberg Intelligence最近的一項分析，在不同的加密貨幣資產中，Solana（Crypto：Sol），Litecoin（Crypto：LTC）和加密指數基金似乎在2025年獲得SEC批准的機會最高。

What Happened: At the beginning of the year, BI’s analysts assigned a 70% probability for approval of at least one new class of crypto ETP, taking into account the SEC’s response to pending applications.

發生了什麼：在年初，BI的分析師考慮了SEC對待處理申請的響應，分析了至少一類新的加密ETP的批准概率70％。

However, with several new filings from firms like Grayscale (NYSE:STPY), Bitwise, Franklin, and others, and no new approvals yet, the odds have shifted, and the analysis now considers an 85% chance of at least one new crypto ETP approval by year-end.

但是，隨著諸如Grayscale（NYSE：STPY），Bitwise，Franklin等公司的幾份新文件，尚無新的批准，機率發生了變化，現在的分析現在考慮了至少在年底獲得一個新的Crypto ETP批准的85％的機會。

The crypto assets assessed by BI are listed with their respective odds of approval by 2025:

由BI評估的加密資產在2025年之前列出了其各自批准的機率：

Crypto Asset | Crypto ETF/ETP Approval Odds in 2025

加密資產| 2025年的加密ETF/ETP批准賠率

:---|:---:

：--- |：---：： - ：

Solana (CRYPTO: SOL) | 90%

Solana（加密：SOL）| 90％

Litecoin (CRYPTO: LTC) | 90%

Litecoin（加密：LTC）| 90％

Crypto Index Funds | 90%

加密指數資金| 90％

XRP (CRYPTO: XRP) | 85%

XRP（加密：XRP）| 85％

Dogecoin (CRYPTO: DOGE) | 80%

Dogecoin（加密：Doge）| 80％

HBAR (CRYPTO: HBAR) | 80%

HBAR（加密：HBAR）| 80％

Cardano (CRYPTO: ADA),Polkdot (CRYPTO: DOT), Avalanche (CRYPTO: AVAX) | 75%

Cardano（加密：ADA），Polkdot（加密：DOT），Avalanche（加密：Avax）| 75％

Solana, Litecoin, and index funds are currently viewed as the most likely candidates. They already have strong backing from key institutions. For instance, Grayscale is pursuing applications for Solana, Litecoin, and Bitcoin (CRYPTO: BTC) trust conversions, while Bitwise is applying for Litecoin and crypto index funds, and Franklin is handling an index fund.

Solana，Litecoin和Index基金目前被視為最有可能的候選人。他們已經得到了主要機構的強烈支持。例如，Grayscale正在為Solana，Litecoin和Bitcoin（Crypto：BTC）信任轉換申請申請，而Bitwise則申請Litecoin和Crypto Index Funds，Franklin正在處理指數基金。

On the other hand, XRP faces an 85% chance of approval, but it’s still pending a crucial update from the Commodity Futures Trading Commission. This update, on the registration of digital asset markets, is expected by April 21.

另一方面，XRP面臨85％的批准機會，但仍在進行商品期貨交易委員會的關鍵更新。預計將在4月21日之前進行有關數字資產市場註冊的更新。

Dogecoin and HBAR follow with an 80% approval probability, while Cardano, Polkadot, and Avalanche each have a 75% chance. These projects are rapidly expanding their ecosystems and boast significant market caps. However, they might encounter slightly more hesitation from the SEC in the final stages of approval.

Dogecoin和Hbar的批准概率為80％，而Cardano，Polkadot和Avalanche的機會分別為75％。這些項目正在迅速擴大其生態系統並擁有明顯的市值。但是，在批准的最後階段，他們可能會遇到更多的猶豫。

It’s worth noting that all the listed assets are considered “likely commodities” by the SEC and are paired with CFTC-regulated futures—a critical criteria for spot ETF viability.

值得注意的是，所有列出的資產都被SEC視為“可能的商品”，並與CFTC調節的期貨配對，這是現貨ETF生存能力的關鍵標準。

Bloomberg’s assessment is based on subjective analysis of regulatory momentum, market maturity, and institutional involvement. With several deadlines stretching into late 2025 and key updates expected from the CFTC, the next few months will be pivotal in shaping the narrative of crypto investment access in the U.S.

彭博的評估基於對監管動量，市場成熟度和機構參與的主觀分析。隨著幾個截止日期一直延伸到2025年末，並且CFTC預計將進行關鍵更新，接下來的幾個月將是塑造美國加密貨幣投資訪問敘事的關鍵