Confidence is surging among analysts that U.S. regulators are preparing to greenlight a wide array of cryptocurrency ETFs, marking a pivotal change in the SEC’s approach to digital assets.
According to Bloomberg’s James Seyffart and Eric Balchunas, odds of approval for most pending crypto ETF applications have now jumped above 90%. This optimism follows what they describe as “highly encouraging” engagement from the Securities and Exchange Commission in recent weeks.
The analysts also believe the SEC may be softening its stance on classifying major altcoins. Tokens like Solana, XRP, Litecoin, and Dogecoin are increasingly seen as commodities — a view that would shift them outside the SEC’s direct oversight.
While exact timing is unclear, approvals are not expected immediately. The process could stretch through the end of the year, possibly into early 2026.
The extraordinary success of Bitcoin ETFs has set the tone for the industry. BlackRock’s iShares Bitcoin Trust (IBIT) recently crossed $70 billion in assets, achieving the milestone in just 341 days and becoming one of the most successful ETF launches in U.S. history.
This momentum has sparked renewed interest in altcoin ETFs, with firms like Franklin Templeton submitting proposals for Solana and XRP products. The SEC has opened a comment period on several applications, a sign that reviews are progressing.
Ether ETFs, in contrast, have seen slower adoption, with recent analysis showing many investors remain at a loss. Despite this, the broader market remains hopeful that the next wave of crypto ETFs could bring greater diversification to the sector — even if Bitcoin continues to dominate flows for now.
Wallets linked to the development team behind the TRUMP memecoin — associated with U.S. President Donald Trump — transferred 3.5 million tokens (worth $32.8 million) to Binance earlier today, raising questions about future sell pressure.
Binance will give traders first access to Humanity Protocol’s native token next week, rolling it out on two of its experimental venues before any spot listing is considered.
Crypto markets were the first to absorb the shock of escalating tensions between the U.S. and Iran, as news of targeted airstrikes on nuclear facilities sent ripples across the digital asset landscape.
Crypto markets saw a sharp decline over the weekend after the US launched its first military intervention in the conflict between Iran and Israel late on Saturday night.