Bloomberg Intelligence analysts James Seyffart and Eric Balchunas have revealed a forecast on the likelihood of approval for new cryptocurrency-based exchange-traded funds (ETFs) in the United States.
According to their estimates, Ripple's XRP, solana (SOL) and litecoin (LTC) top the list with a 95% probability of receiving the green light from the Securities and Exchange Commission (SEC).
In detail, Seyffart noted that they expect "a wave of new ETFs in the second half of 2025." This projection reflects the market's growing interest in diversifying investment options in crypto assets.
On the other hand, specialists also highlighted that cryptocurrencies such as dogecoin (DOGE), cardano (ADA), polkadot (DOT), hedera (HBAR) and avalanche (AVAX) have a 90% probability of approval for their respective ETFs.
Table of probabilities of approval of new ETFs in the US. Source: James Seyffart – X.
Currently, more than 70 cryptocurrency ETF applications are awaiting SEC approval. To date, only Bitcoin (BTC) and Ether (ETH) have spot ETFs listed on US exchanges. Bitcoin funds began trading in January 2024, while Ethereum funds began trading in June of the same year. The potential arrival of new ETFs could expand investors' access to cryptocurrencies, consolidating their presence in the traditional financial system.
