US EditionRipple (XRP) News: Bloomberg Analysts See 90% Chance SEC Clears Most Crypto ETFs Filings
- On June 17, 2025, the SEC officially opened proceedings to decide whether to approve the Franklin XRP ETF listing on Cboe BZX Exchange.
- This action follows Cboe BZX's March 13 proposal and the SEC's extended review period to June 17, prompting scrutiny over market manipulation protections required by law.
- The Franklin XRP Trust plans to issue an ETF holding physical XRP with net asset value calculated daily and custody by Coinbase Custody Trust Company.
- Experts from Bloomberg Intelligence have increased the likelihood of approval for most spot cryptocurrency ETFs—including those for XRP, Dogecoin, and Cardano—to 90% or above, highlighting constructive interactions with the SEC as a key factor.
- This regulatory milestone suggests increased momentum for U.S. spot crypto ETFs, though timing remains uncertain with possible decisions from the next month to October or later.
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CoinStats - SEC Drives Momentum in Crypto ETF Approvals...
The SEC is likely to approve several cryptocurrency ETFs. Experts predict over a 90% chance for most altcoin ETF approvals. Continue Reading:SEC Drives Momentum in Crypto ETF Approvals The post SEC Drives Momentum in Crypto ETF Approvals appeared first on COINTURK NEWS.
Spot Crypto ETFs Gain Momentum as Approval Odds Jump to 90%
Bloomberg ETF Analyst James Seyffart, alongside Eric Balchunas, announced they now place the chances of approval for the majority of pending spot crypto ETF filings at 90% or higher. This marks a notable shift from less than two weeks ago, when both analysts placed approval odds for funds tied to XRP, Dogecoin, and Cardano below the 90% threshold. Now, these tokens join other active proposals—including Litecoin, Solana, Polkadot, and Avalanche—w…
Analysts slap over 90% chance of approval on altcoin ETFs including XRP and Litecoin following SEC's engagement
Altcoin exchange-traded funds (ETFs) received a boost in approval odds on Friday from Bloomberg analysts James Seyffart and Eric Balchunas, with most of them now having a 90% chance of approval.
Bloomberg analysts revise ETF approval odds to '90% or higher' as SEC requests amended filings – MAXBIT
Bloomberg analysts have sharply increased the likelihood of U.S. regulators approving a new wave of cryptocurrency exchange-traded funds, pointing to a friendlier stance from the Securities and Exchange Commission (SEC). Bloomberg senior ETF analysts Eric Balchunas and James Seyffart said on June 20 that they now see a “90% or higher” chance that a broad...
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