Crypto ETFs Near Approval Analysts Raise Odds to 90 Percent
Bloomberg analysts Eric Balchunas and James Seyffart now estimate a 90% likelihood of U.S. regulators approving a broad suite of cryptocurrency exchange-traded funds. This heightened probability signals a decisive shift toward institutional acceptance of digital assets.
The anticipated approvals would mark a watershed moment for mainstream crypto adoption, potentially unlocking billions in institutional capital. Market observers note the SEC's evolving stance reflects growing recognition of Bitcoin and ethereum as legitimate asset classes.