Bloomberg Intelligence has strengthened the estimated odds of US regulators to approve a Solana Exchange-Traded Fund (ETF) from 2025 to 90%, according to an April 30 post on the X.
The company also sets a more interesting chance of approved for other ETFs of Altcoin, including suggested funds holding XRP (XRP) and dogecoin (Doge), Bloomberg analyst Eric Balchunas Says In an x post.
Estimates reflect an enhanced perspective from Bloomberg’s analysts. In a February AssessmentBloomberg peged the odds of a solana (Sol) Approval of ETF at only 70%. They described a 65% and 75% chance of approved by the funds holding XRP and Doge, respectively.
Until April 30, six manager owners – including Grayscale, Vaneck and 21shares – await clearance from the US Securities and Exchange Commission (SEC) to list ETFs holding the Network’s Network Network Network.
The same number of providers are waiting for approved for XRP ETFs, and three are looking for approved for Doge Funds, according to Bloomberg data. The SEC is until October to review and potentially approve the proposed funds.
Related: SEC recognizes killing of Crypto ETF films as reviews, speed up approval
Altcoin etf Mania
Asset managers are looking for SEC Permissions to list dose -DoMosang Altcoin ETFThere is up to 70 crypto etf Waiting for the agency’s review in April.
The floods of the files reflect the efforts of US president Donald Trump to soften the SEC’s posture regulation to cryptocurrencies since his office in January.
In March, the Chicago Mercantile Exchange (CME), the US’s largest derivatives exchange, Listed contracts with futures tied to Solana.
According to Chris Chung, founder of Solana -based Titan platform, the list of regulated futures exchange signals approved for Solana ETF can next.
“(T) his timeline could be expanded in 2026 due to the preceding SEC of the acquisition (…) 240–260 days to check the files,” Bloomberg’s analyst James Seyffart also said in a previous forecast.
In April, the US Securities Exchange Nasdaq requested regulators for permission to List a 21shares ETF holding a DogecoinAdding to Roster of Doge Funds waiting for a public US list.
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