Bloomberg analysts predict over 90% approval odds for most crypto ETFs, including XRP

21st June 2025 – (New York) Bloomberg analysts James Seyffart and Eric Balchunas anticipate a strong likelihood of U.S. Securities and Exchange Commission (SEC) approval for the majority of crypto exchange-traded funds (ETFs), including those for XRP, Litecoin, Solana, Dogecoin, and Cardano. They now estimate approval chances for these ETFs at 90% or higher, citing increased engagement from the SEC as an encouraging sign.

“The SEC’s willingness to engage with issuers through 19b-4 acknowledgements and S-1 amendment requests signals growing collaboration,” Seyffart said in a post on X (formerly Twitter).

However, the SUI ETF, filed by Canary, remains an outlier with only a 60% chance of approval, largely due to regulatory uncertainties and the absence of regulated futures for the asset.

Market sentiment mirrors this optimism. On Polymarket, bettors assign a 98% likelihood of XRP ETF approval this year, alongside a 91% chance for Solana and a 71% chance for Dogecoin.