Bloomberg analysts Erich Balchunas and James Seyffart have raised the probability of U.S. regulators approving a series of crypto exchange-traded funds (ETFs) to 90% or higher, citing a pro-crypto shift at the Securities and Exchange Commission (SEC). The analysts believe the SEC views cryptocurrencies such as Litecoin, Solana, XRP, and Dogecoin as commodities, potentially placing them outside its direct regulatory scope. While the exact timing of these approvals remains uncertain, the process could extend beyond October. The success of Bitcoin ETFs, notably BlackRock’s iShares Bitcoin Trust with over $70 billion in assets, sets a high benchmark for other crypto assets. Despite increased ETF inflows, Ether ETFs have experienced tepid demand. Investors are particularly attentive to proposals like Franklin Templeton’s XRP and SOL ETFs, currently under SEC public comment review.