🚀 SEC Nears Greenlight for XRP, SOL, DOGE Spot ETFs—Bloomberg Sees ’Overwhelming’ Approval Odds

The crypto ETF floodgates may burst wide open—and not just for Bitcoin.

Altcoins steal the spotlight Bloomberg analysts are betting heavy on SEC approvals for spot crypto ETFs tracking XRP, Solana, and Dogecoin. No more second-class asset treatment—if the rumors hold, Wall Street's about to get a spicy new buffet of meme coins and 'unregistered securities.'

The institutional domino effect Approval would mean hedge funds could finally YOLO client money into DOGE without explaining the Shiba Inu meme. Meanwhile, SEC lawyers reportedly sharpening their 'How is this not a security?' PowerPoints for the inevitable lawsuits.

Wall Street's latest crypto embrace proves two things: 1) Money talks louder than regulation, and 2) nothing boosts adoption like letting finance bros skim fees off your bags.

These estimates reflect growing Optimism from ETF specialists following a wave of 19b-4 acknowledgements and S-1 amendment requests from the Securities and Exchange Commission.

Analysts view this back-and-forth process as a signal that the SEC is now more willing to work with issuers.

The only asset lagging behind is SUI, filed solely by Canary. Bloomberg assigns it a 60% chance of approval, citing a lack of regulated futures and regulatory uncertainty.

Bettors on Polymarket are also feeling optimistic.

They are giving a 98% chance that an XRP ETF gets approved this year, and a 91% chance a SOL ETF gets the green light. It's also likely that a Doge ETF gets a go-ahead, with bettors giving that a 71% chance of happening.