Crypto Market Movers
By Evie Vavasseur
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XRP has officially joined the ranks of Solana and Litecoin as one of the top contenders for U.S. spot ETF approval, according to leading Bloomberg analysts. With the U.S.
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Bloomberg’s well-regarded ETF analysts, James Seyffart and Eric Balchunas, have raised their approval odds for multiple spot crypto exchange-traded funds (ETFs) to 90% or higher.
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This shift comes amid an uptick in dialogue between ETF issuers and the SEC, particularly around product filings, risk disclosures, and structure adjustments.
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Previously, spot XRP ETFs had an estimated 85% chance of approval. But with increased engagement from regulators and a broader positive outlook across the digital asset space,…
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This would mark a significant milestone for XRP, which is currently the fourth-largest cryptocurrency by market capitalization and has long been in regulatory limbo following the…
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XRP isn’t alone in this top approval tier. Solana (SOL) and Litecoin (LTC) have also been given approval odds of 90% or higher.
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Canary Capital, a firm active in the crypto ETF space, has reportedly seen signs of active engagement with the SEC over its proposed Litecoin ETF, further strengthening…
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Analysts say the SEC has requested updated S-1 filings from Solana ETF issuers, a clear signal that regulatory evaluation is progressing.
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Meanwhile, ETF filings for other coins—including Dogecoin, Cardano, Polkadot, HBAR, and Avalanche—have also seen approval odds jump to around 90%, indicating that the SEC’s…
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While optimism is growing, not all crypto projects are on the SEC’s radar—at least not yet. Several funds remain "off the board," including those tied to TRON, TRUMP, and…
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According to Seyffart, these products haven’t yet submitted 19b-4 filings, a key regulatory form that allows the SEC to begin the formal review process for ETFs.
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In a notable development, the Canary Capital SUI ETF has also received attention from analysts.
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This suggests that even emerging blockchains are beginning to gain a foothold in regulatory circles—if not yet in the immediate approval pipeline.
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Despite the overwhelmingly positive outlook, Bloomberg analysts caution that timing remains unclear.
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This uncertainty highlights the SEC’s measured, sometimes unpredictable approach to cryptocurrency regulation.
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