Analysts Raise SEC Approval Odds for XRP, DOGE and ADA ETFs to 90%
Bloomberg ETF analysts Eric Balchunas and James Seyffart have lifted U.S. SEC approval odds for spot XRP, Dogecoin and Cardano ETFs to 90%, reflecting positive regulator engagement and the precedent set by earlier Bitcoin ETF launches. These approvals now rank alongside Litecoin, Solana, Polkadot and Avalanche ETFs in having high year-end odds. VanEck’s listing of its Solana ETF on the DTCC clearing platform underscores industry preparations ahead of final SEC decisions. Analysts expect initial approvals in late June or July, with potential curveball decisions by October 18 or early Q4. Traders should monitor SEC milestones, ETF structures and fees, as successful crypto ETF approval could unlock fresh institutional inflows and drive market momentum.
Bullish
Rising approval odds signal growing regulatory confidence and pave the way for easier retail and institutional access. Short-term trading could see spikes on initial approval announcements, while long-term effects include increased liquidity, market legitimacy and sustained price support for XRP, DOGE and ADA as ETFs draw institutional capital.