Bloomberg Intelligence boosts Solana ETF approval odds to 90%
Bloomberg Intelligence has increased the estimated odds of US regulators approving a Solana exchange-traded fund (ETF) in 2025 to 90%. The approval chances for other altcoin ETFs, including those for XRP and Dogecoin, have also improved. Previously, the odds for a Solana ETF were 70%, while XRP and DOGE had estimated chances of 65% and 75%, respectively. Six asset managers are currently awaiting SEC clearance for Solana ETFs, with the same number for XRP and three for DOGE. The SEC has until October to review these proposals. Up to 70 crypto ETFs are under review, reflecting a shift in regulatory attitudes towards cryptocurrencies. The Chicago Mercantile Exchange has listed futures contracts tied to Solana, indicating potential ETF approvals. Nasdaq has also requested permission to list a Dogecoin ETF. The SEC typically takes 240–260 days to review filings, which may extend timelines into 2026.
