The US Securities and Stock Exchange Commission (SEC) is expected to greatly approve stock exchange investment funds (ETF) for various crypto assets. According to Bloomberg analysts James Seyffart and Eric Balchunas, the probability of approval for most Spot crypto ETF is quite high.
Altcoin ETF approvals
Bloomberg Intelligence James Seyffart, said in a statement, most of the applications of Spot Crypto ETF applications to over 90 percent of the possibility of approval said. In particular, the interaction of the SEC with applicants is interpreted as a positive change. This expectation for many beings has strengthened an optimistic atmosphere in the markets.
Experts Litecoin $85.64Solana, xrp, dogecoin 
$0.170528 and CARDANO 
$0.600899 It is stated that the approval of ETFs based on crypto assets is 90 percent or more. According to analysts’ estimates, significant improvements may be experienced in the crypto market products in a short time.
SEC’s approach to the process and the changing attitude
The Crypto market experts are positively welcomed by SEC to accept the 19B-4 documents for applications and requests for S-1 changes. Experts, SEC’in fund exporters more communication with more, the process of softening in the process of softening. For most of the ETF applications, the increase in communication strengthens the possibilities of approval according to analysts. Those who followed the same sentences in the process of BTC and ETH ETF also heard.
James Seyffart: “We have increased the possibility of approval in the vast majority of Spot Crypto ETF applications.
In this process, SEC’s efforts to increase the flow of information between applicants and investors. Market observers, despite the reservations of the SEC in the previous periods, now the opinion that it has adopted a more open approach.
The status of water and other assets
It is stated that only the approval of SUI is limited. It is considered that the ETF application was made only by the Canary company and the chance of approval remains at 60 percent. The main reasons for this include lack of futures and regulatory uncertainties.
Participants on the POLYMARKET platform generally believe that Spot Crypto ETF approvals will take place this year. It is estimated that XRP ETF approval can be 98 percent and Solana ETF can be realized by 91 percent. Dogecoin ETF can be approved by 71 percent. These estimates are different from the rates announced by Bloomberg experts.
Analyst estimates and market expectations indicate that the US has been on the verge of an important period in the field of crypto Varlık ETFs. The fact that SEC adopts a more transparent and open to cooperation against applications may be effective in reducing the uncertainties of the sector. In particular, high approval of assets such as XRP, Solana, Dogecoin and Cardano may contribute to innovations and liquidity in the sector. However, it is seen that regulatory uncertainties continue for some assets such as water.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
