According to @rovercrc, Bloomberg analysts James Seyffart and Eric Balchunas have significantly increased their approval odds for a majority of spot crypto ETF filings to 90% or higher. This optimistic forecast includes potential ETFs for major altcoins such as XRP (XRP), Solana (SOL), Dogecoin (DOGE), Litecoin (LTC), and Cardano (ADA). The analysts cite increased engagement from the U.S. Securities and Exchange Commission (SEC), including the processing of 19b-4 forms and S-1 amendment requests, as a key positive indicator of regulatory cooperation. In contrast, the SUI ETF is given lower odds of 60% due to a lack of regulated futures and regulatory uncertainty, as noted by Bloomberg. This sentiment is mirrored on the prediction market Polymarket, where bettors assign a 98% chance for an XRP ETF approval and a 91% chance for a SOL ETF approval this year.

According to @rovercrc, Bloomberg analysts James Seyffart and Eric Balchunas have significantly increased their approval odds for the majority of spot crypto ETF filings to 90% or higher. This bullish forecast, driven by positive engagement from the U.S. Securities and Exchange Commission (SEC), directly impacts major altcoins including Ripple (XRP), Solana (SOL), Dogecoin (DOGE), Litecoin (LTC), and Cardano (ADA). The analysts view the SEC's requests for S-1 amendments as a constructive sign. Reinforcing this sentiment, bettors on Polymarket are pricing in a 98% probability of an XRP ETF approval and a 91% chance for a SOL ETF this year. For traders, this heightened probability of new institutional investment vehicles could act as a major price catalyst for these specific assets. Current market data shows SOL trading around $148.09 and XRP at approximately $2.23.

According to Eric Balchunas, Bloomberg Intelligence analysts have raised their approval odds for the vast majority of spot crypto ETF filings to 90% or higher, including those for XRP, Solana (SOL), Dogecoin (DOGE), and Cardano (ADA). The report highlights that this optimism is fueled by increased engagement from the SEC, which analysts view as a positive sign. Concurrently, institutional interest remains strong, with JPMorgan filing for a crypto-focused platform and MicroStrategy purchasing over 10,100 BTC. Market analysis from BRN suggests a high-conviction view that prices will grind higher in 2025, led by Bitcoin (BTC), due to strong institutional demand and weak selling pressure. From a technical standpoint, Bitcoin's 50-day simple moving average (SMA) is acting as a strong support level, and traders are advised to watch Wednesday's Federal Reserve rate decision as a key market-moving event.

According to Eric Balchunas and fellow Bloomberg Intelligence analyst James Seyffart, the approval odds for the vast majority of spot crypto ETF filings have been raised to 90% or higher. This includes ETFs for major altcoins such as XRP, Solana (SOL), Dogecoin (DOGE), Litecoin (LTC), and Cardano (ADA). The analysts cite increased engagement from the U.S. Securities and Exchange Commission (SEC), such as 19b-4 acknowledgements and S-1 amendment requests, as a very positive sign. Bettors on Polymarket reflect this sentiment, pricing an XRP ETF approval at 98% and a SOL ETF at 91%. Despite this long-term optimism, the market has seen short-term pullbacks, with SOLUSDT dropping over 7% to $146.19 and XRPUSDT falling over 5.5% to $2.1689 in the last 24 hours, as per the provided data. The only exception noted by Bloomberg is the SUI ETF, which has a lower 60% approval chance due to a lack of regulated futures and regulatory uncertainty.

According to Farside Investors (@FarsideUK), BlackRock's Ethereum ETF recorded a significant daily inflow of $24.9 million USD on May 22, 2025, as reported on farside.co.uk/eth. This substantial ETF inflow signals rising institutional demand for Ethereum exposure, potentially driving increased liquidity and price momentum in the ETH market. Traders should closely monitor these inflow trends, as sustained high volumes may influence Ethereum spot prices and broader altcoin market sentiment. The data underscores the growing relevance of spot crypto ETFs in shaping short-term trading strategies and volatility for Ethereum.

According to Crypto Rover, 21Shares has officially filed for a spot SUI ETF with the SEC, marking a significant step toward institutional adoption of the SUI cryptocurrency. This filing, reported on May 1, 2025, could boost SUI’s market liquidity and attract large-scale investors if approved. Traders should monitor SEC feedback and ETF approval timelines, as similar filings have historically led to increased trading volumes and price volatility in the underlying asset. Source: Crypto Rover on Twitter.