Bloomberg Intelligence has raised the estimated odds of US regulators approving a Solana exchange-traded fund (ETF) in 2025 to 90%, as reported on April 30. Analyst Eric Balchunas shared the update on the X platform, indicating an improved outlook compared to February when the odds were just 70%. Additionally, the approval odds for other altcoin ETFs, specifically those holding XRP and Dogecoin (DOGE), have also been adjusted to 65% and 75%, respectively. Currently, six asset managers, including Grayscale, VanEck, and 21Shares, are awaiting the US Securities and Exchange Commission's (SEC) approval for listing Solana ETFs, with the same number of applications for XRP ETFs and three for DOGE funds. The SEC's review period is set until October, coinciding with a wave of filings reflecting the regulatory environment's evolution under the current administration.

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