Bloomberg Sees 90–95% Odds for Altcoin ETF Approvals, Paving Way for 2025 Altseason
Bloomberg analysts Eric Balchunas and James Seyffart have raised the approval odds for spot altcoin ETFs to between 90% and 95% by 2025. Key assets such as Litecoin (LTC), Solana (SOL) and XRP now each have a 95% chance of gaining SEC approval, while Dogecoin (DOGE) and Cardano (ADA) sit at 90%. Emerging tokens like Sui (SUI) and TRON (TRX) are already in the early stages of filing. Analysts expect the SEC’s active engagement to lead to ETF launches in late 2025, potentially triggering a robust altseason driven by institutional adoption. Spot Bitcoin and Ethereum ETFs, approved in 2024, fueled significant inflows and price rallies. Altcoin ETFs could replicate that effect by offering regulated, transparent, and easily accessible investment vehicles. Traders should watch for heightened volatility and strong inflows as institutions seek broader crypto exposure through these products.
Bullish
Raising approval odds to 90–95% for multiple altcoin ETFs signals strong institutional demand and regulatory engagement. Historical data shows that spot Bitcoin and Ethereum ETFs, approved in 2024, sparked substantial inflows and price rallies. Similar effects are likely as regulated altcoin ETFs attract pension funds, hedge funds and retail investors seeking diversified crypto exposure. In the short term, traders can expect heightened volatility around SEC announcements and ETF launches. Long term, broader access and transparency should support sustained asset inflows and market maturation, reinforcing a bullish trend across major altcoins.