BREAKING
244d 2h ago

Solana Set to Lead the Charge in Potential Altcoin ETF Summer with 90% Approval Probability

SOL

SOL/USDT

$88.53
+2.64%
24h Volume

$3,875,175,794.90

24h H/L

$89.20 / $86.02

Change: $3.18 (3.70%)

Long/Short
76.5%
Long: 76.5%Short: 23.5%
Funding Rate

-0.0160%

Shorts pay

Data provided by COINOTAG DATALive data
Solana
Solana
Daily

$88.49

1.03%

Volume (24h): -

Resistance Levels
Resistance 3$113.8728
Resistance 2$100.5725
Resistance 1$93.5288
Price$88.49
Support 1$87.525
Support 2$81.3658
Support 3$67.50
Pivot (PP):$87.9733
Trend:Downtrend
RSI (14):30.8

Bloomberg’s senior ETF analystscrypto spot ETFs, signaling a transformative period for altcoin investment products. Eric Balchunas emphasized the potential for an Altcoin ETF surge this summer, with Solana positioned as a frontrunner alongside innovative combo ETFs. Detailed forecasts from James Seyffart suggest that combo/index funds, Litecoin, and Solana ETFs each carry a robust 90% approval probability, reflecting growing regulatory confidence.

Further analysis indicates that XRP ETFs hold an 85% chance of approval, while Dogecoin and HBAR are projected at 80%, underscoring their increasing institutional appeal. Meanwhile, Cardano, Polkadot, and Avalanche ETFs are estimated to have a 75% likelihood, highlighting a broadening spectrum of altcoin-based financial instruments gaining regulatory traction. Notably, SUI ETFs face a more cautious 60% approval probability, and the regulatory timeline for Tron/TRX ETFs extends into 2026, indicating a more measured review process.

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