Analysts from Bloomberg predict a 75% or higher chance that the U.S. Securities and Exchange Commission (SEC) will approve several spot altcoin ETFs by the end of 2025. Key proposals awaiting SEC decisions include funds related to solana (SOL), litecoin (LTC), dogecoin (DOGE), XRP, cardano (ADA), avalanche (AVAX), polkadot (DOT), and hedera (HBAR). The initial deadline for SEC responses is July 2, when it must address proposals from firms like Grayscale and Bitwise. The SEC is particularly required to issue final rulings on these asset-specific ETFs in October, with additional decisions due in the following months. Bloomberg analysts suggest that index and basket-style ETFs, which combine multiple cryptocurrencies, have the highest approval likelihood at around 90%. This shift in perspective on altcoin ETFs follows recent regulatory changes, especially after the appointment of SEC Chairman Paul Atkins, who supports innovation in the crypto space. Further, filings for smaller altcoins like SUI are lagging as they have not progressed to the formal review stage yet.

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