US crypto ETF approval odds surge to ‘90% or higher’ — Bloomberg analysts — TradingView News
The likelihood of US regulators approving a wave of crypto exchange-traded funds (ETFs) is now a near certainty, signaling a continued pro-crypto shift at the Securities and Exchange Commission (SEC), according to Bloomberg analysts Erich Balchunas and James Seyffart.
In a social media post on Friday, Seffart said he and Balchunas have raised their odds for the vast majority of crypto ETF approvals to “90% or higher,” citing “very positive” engagement from the SEC.
The analysts also suggested that the SEC “likely” views cryptocurrencies such as Litecoin 
LTCUSD, Solana 
SOLUSD, XRP 
XRPUSD, and Dogecoin 
DOGEUSD as commodities — a designation that would place them outside of its immediate jurisdiction.
Seyffart noted that the…
