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On July 1st, Bloomberg ETF analyst James Seyffart provided an updated forecast on the likelihood of crypto spot ETF approvals by the end of 2025, signaling a potential surge in regulatory greenlights during the latter half of the year. Seyffart’s analysis highlights that portfolio and index funds, alongside prominent cryptocurrencies such as Litecoin, Solana (SOL), and XRP, each carry a robust 95% approval probability. Meanwhile, digital assets including Dogecoin, Hedera Hashgraph (HBAR), Cardano, Polkadot, and Avalanche are projected to have a strong 90% chance of gaining approval. The forecast also assigns a moderate 60% probability to SUI, with Tron (TRX) and Pengu positioned at a balanced 50% likelihood. This data underscores evolving regulatory sentiment and the growing institutional interest in diversified crypto ETFs, marking a pivotal moment for market participants and asset managers alike.
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