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Expert Predicts XRP ETFs Could Be the Spark That Changes The Token’s Market Course

by admin August 18, 2025

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Even though XRP ETFs are yet to enter the crypto market, the potential upcoming fund is witnessing robust optimism from the sector, with analysts predicting approval in the next few months. In the event of approval, an expert has declared that the fund will have a notable impact on the crypto sector, especially on the trajectory of the token.

XRP ETFs Will Be A Game-Changer

As the crypto community awaits the United States Securities and Exchange Commission’s (SEC) decision on the XRP ETFs, AllinCrypto, a crypto expert, has delved into the impacts of the fund once it gains approval from the regulatory watchdog.

The expert offered his insights on the funds in a recent interview with Paul Barron on the XRP Podcast. In the video shared by the expert on the X platform, he pointed to the possible launch of XRP Spot Exchange-Traded Funds (ETFs) as a game-changing catalyst for the token’s future trajectory.

This bold statement suggests that ETFs have the potential to change the way XRP is viewed and traded in international markets. In contrast to previous momentum generators, ETFs may open up a flood of institutional capital and offer mainstream investor access, bolstering liquidity.

AllinCrypto’s remarks about the token’s future trajectory hinge on the ramifications of the ETFs, the 401(k)s, and widespread access to these investments. According to the expert, these developments could draw in a significant portion of liquidity into the fund, thereby reshaping the token’s role within the digital asset landscape.

With 401(k)s having a market value worth trillions of dollars, the expert believes that a notable part of this capital might flow into the fund after gaining approval from the US SEC. AllinCrypto declares that the large capital inflow would be a game-changer for the token, comparing it to its Bitcoin and Ethereum counterparts.

The Fund Is Hitting The Crypto Market Very Soon

While Bitcoin Spot ETFs have become the most successful in the financial landscape, with Ethereum ETFs gaining notable traction, XRP ETFs could be the next big thing for crypto. “I think XRP ETF is going to surprise everybody,” the expert stated. His claim is backed by the fact that institutional participants are aware of the token and its role in the sector.

In the meantime, AllinCrypto remains bullish about the fund gaining approval from the US SEC by September this year, as most ETP providers predict. “I think we are going to see miraculous things, and I think that is going to set us up for a pretty explosive backend of 2025 and beyond,” he added. In his opinion, crypto goes more of a broad trajectory than following the abiding 4-year cycle notion.

Ripple Chief Executive Officer (CEO) Brad Garlinghouse, sharing his take on the XRP ETFs, also predicts that the fund will be accepted and start trading soon. According to the CEO, an approval from the US SEC is inevitable, considering the historic introduction of the Bitcoin Spot ETFs. Furthermore, the CEO stated that the XRP ETFs represent the transition from speculative retail trading to institutional adoption, reinforcing its potential for approval.

XRP trading at $2.9 on the 1D chart | Source: XRPUSDT on Tradingview.com

Featured image from Getty Images, chart from Tradingview.com

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August 18, 2025 0 comments

Crypto Trends

Expert Says BTC Might Be Near Its Ceiling

by admin August 17, 2025

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A widely shared cycle model has reopened the debate over whether Bitcoin’s recent rally has already peaked.

According to posts on social platforms, the chart lines up past market cycles and points to a possible top on December 22, 2025, while price action near $117,000 this week keeps both cautious and bullish cases alive.

Cycle Model Points To December Peak

Based on reports, the chart tracks previous peaks occurring over 30 months after prior market lows, then extends that pattern to a 37-month span from the November 2022 bottom.

The projection places a modeled top on December 22, 2025, and the same curve gives a mid-cycle price target near $200,000.

Those time-based markers have drawn attention because they fit a clear pattern: each cycle so far has been longer than the one before it.

Veteran Trader Issues A Risk Scenario

According to public comments, veteran trader Peter Brandt has weighed in with a downside scenario. He gave Bitcoin a 30% chance of having already topped in this cycle and suggested a pullback to about $60,000–$70,000 by November 2026 could come before a later major rally toward $500,000.

I think there is a 30% chance that BTC has topped for this bull market cycle. Next stop then back to $60k to $70k by Nov 2026, then next bull thrust to $500k https://t.co/xPujqCjp9e

— Peter Brandt (@PeterLBrandt) August 15, 2025

Brandt framed his view as a probability rather than a firm prediction, and that kind of numeric thinking is meant to help traders weigh risk rather than to declare certainty.

At the time of reporting, Bitcoin was trading around $117,790, down 0.90% over the past 24 hours. Price has dropped 0.18% over the last seven days and 0.38% over the last month.

BTCUSD now trading at $117,773. Chart: TradingView

Over longer frames, BTC has risen 18% in the last six months and is up 24% year to date. Those figures help explain why opinions diverge: some see a market that has run far and fast, while others point to steady gains that still leave room for more upside.

Signals To Watch Next

Based on market practice, the clearest ways to test these scenarios are flows and positioning. Track ETF and institutional inflows, exchange balances, and derivatives data.

A steady stream of institutional buying would make a long, deep retrace less likely. On the flip side, sustained outflows, rising exchange inventory, or heavy derivative liquidations would strengthen the case for a larger pullback toward the $60k–$70k zone.

Has Bitcoin Already Peaked?

Brandt’s estimate — a 30% chance BTC has already peaked and a possible slide to $60,000–$70,000 by November 2026 before a later push toward $500,000 — gives traders a concrete downside scenario to factor into position sizing and risk plans.

Featured image from Unsplash, chart from TradingView

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August 17, 2025 0 comments

NFT Gaming

Australia’s Securities Regulator Taps Expert Trio to Probe ASX’s Operations

by admin June 26, 2025

Australia’s Securities and Investment Commission (ASIC) has turned to three of the country’s most seasoned finance figures to probe the inner workings of the Australian Securities Exchange, including the exchange’s doomed blockchain project.

ASIC launched the inquiry on June 16 over “ongoing concerns” it and the Reserve Bank of Australia expressed about the exchange’s ability to run stable and secure market plumbing.

Those concerns intensified when ASX scrapped a blockchain-based upgrade to its CHESS settlement engine in 2022, forcing a costly reset and drawing political heat. ASIC later sued ASX over making misleading statements on the project.

Rob Whitfield, a former Westpac chief risk officer and now a Commonwealth Bank director, will chair ASIC’s panel. Joining him are Christine Holman, who sits on the boards of utility AGL and restaurant operator Collins Foods, and Guy Debelle, a Reserve Bank of Australia’s former deputy governor.

The trio will inspect ASX’s governance, technical capability, and risk controls and recommend fixes for any weak spots.

Their brief stretches across the entire ASX group, which handles more than A$6 billion ($3.92 billion) in trades each day.

Read more: Australia’s Securities Regulator Sues ASX for Misleading Statements About Blockchain Project

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June 26, 2025 0 comments

NFT Gaming

Market Expert Says Ripple Vs. SEC Lawsuit Is In Final Chapter, Here’s Why

by admin June 25, 2025

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Market expert Abraham has declared that the Ripple vs. SEC lawsuit is in its final chapter, with the long-running legal battle coming to a close. The expert also explained how this would lead to a “regulatory breakout” for XRP, with the altcoin coming out favored.

Ripple Vs. SEC Lawsuit Approaching A Final Resolution

In an X post, Abraham affirmed that market participants are witnessing the last chapter of the Ripple vs. SEC lawsuit. He remarked that XRP is about to emerge not just free but favored. The expert then alluded to how both parties have jointly paused their appeals, which confirms that they are ready to settle and reach a final resolution.

Both parties recently filed a status report before the appeals court, in which they asked for an extension of the pause on the case while they get an indicative ruling from Judge Analisa Torres. Abraham noted the joint motion, which has been filed in the Ripple vs. SEC lawsuit, for this indicative ruling.

He explained that both parties seek Judge Torres to dissolve the injunction against Ripple and lower the civil penalty against the crypto firm to $50 million. The expert remarked that this isn’t just a “slap on the wrist” but a public signal that Ripple won. Abraham added that institutions are watching.

As to what happens next, the expert is confident that Judge Torres will issue her final ruling in the Ripple vs. SEC lawsuit, likely validating that XRP is not a security. When this happens, Abraham predicts that every institution sitting on the sidelines gets the green light. This is what he described as the “regulatory breakout” moment. Basically, this would clear the “legal cloud” over XRP for good.

XRP ETFs On The Horizon

With the Ripple vs. SEC lawsuit in its final chapter, Abraham is confident that the XRP ETFs could get approval anytime soon. He noted that these funds have just entered their public comment phase. Meanwhile, their approval odds in 2025 are over 90% based on current legal momentum, clarity, and market demand. Based on this, the expert declared that the “ETF floodgate is about to burst.”

He then proceeded to highlight the factors that will be the setup for the next XRP bull cycle, including the Ripple vs. SEC lawsuit. The end of the lawsuit will bring about regulatory clarity and also open the path for approval for the XRP ETFs. These ETFs will lead to institutional access. Meanwhile, Abraham predicts that XRP’s global use case will explode in the process, with utility demand being greater than retail speculation.

At the time of writing, the XRP price is trading at around $2.17, up in the last 24 hours, according to data from CoinMarketCap.

XRP trading at $2.18 on the 1D chart | Source: XRPUSDT on Tradingview.com

Featured image from Adobe Stock, chart from Tradingview.com

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June 25, 2025 0 comments

NFT Gaming

Expert Slams XRP Lawsuit Delay Rumors: ‘2026 Not Happening’

by admin June 23, 2025

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Talk of the US Securities and Exchange Commission’s long-running enforcement action against Ripple Labs dragging on into 2026 flashed across X over the weekend, after the pseudonymous trader “Altcoin Bale” warned followers that “SEC v XRP final decision could be delayed until late 2026” — a claim that ricocheted through crypto-X in minutes.

Within hours, Australian solicitor and veteran XRP commentator Bill Morgan counter-punched. “This is not on the cards unless Judge Torres rules against the latest joint motion and rather that make the common sense decision to live with the summary judgement decision and the current penalty and permanent injunction, the settlement process breaks down completely and both parties run their appeals. An improbable outcome.”

XRP Lawsuit: Why 2026 Is A Stretch

Morgan’s confidence rests on hard procedural facts. On 13 June Ripple and the SEC filed a joint Rule 60(b)/62.1 motion asking Judge Analisa Torres to dissolve last year’s injunction and redistribute the $125 million civil penalty now sitting in escrow — $50 million would satisfy the SEC; the remaining $75 million would be returned to Ripple.

The filing also proposes that, if Torres signals she is inclined to grant it, both sides will seek a limited remand from the Second Circuit so the district court can enter a revised final judgment and terminate all appeals.
Critically, the Second Circuit has already paused those appeals and ordered the SEC to file a simple status report by 15 August 2025. That administrative date — now being mis-read as a litigation deadline, doesn’t mean the final decision will take until 2026.

Judge Torres’ July 2023 summary-judgment split the case, holding that institutional sales of XRP were unregistered securities offerings but programmatic exchange sales were not. After remedies briefing, she entered a $125 million penalty and a permanent injunction in August 2024. Both sides noticed appeals, but in March 2025 the SEC withdrew its challenge to the programmatic-sales ruling and signalling a broader retreat from crypto-first enforcement. The parties then began settlement talks that produced the current joint motion.

The renewed request goes further than the May version Torres rejected for procedural defects: it lays out “exceptional circumstances” — chiefly, the policy shift at the SEC and the parties’ mutual interest in ending the litigation — that courts require before modifying a final judgment under Rule 60(b)(6). If Torres issues the “indicative ruling” the motion seeks, the case would likely return to her docket on limited remand and close swiftly without full appellate briefing.

Morgan concedes that total settlement failure is “not impossible.” If Torres were to deny the joint motion and decline to dissolve the injunction, both sides would revive their cross-appeals. That procedural reset could indeed postpone a conclusive ruling into late 2026 — but only under that narrow, two-step scenario he deems “improbable”.

At press time, XRP traded at $1.99.

XRP price, 1-day chart | Source: XRPUSDT on TradingView.com

Featured image created with DALL.E, chart from TradingView.com

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June 23, 2025 0 comments

NFT Gaming

Ethereum Price To Resume Downtrend? Market Expert Identifies Bearish Chart Setup

by admin June 22, 2025

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The Ethereum price made a swift and strong comeback at the beginning of the year’s second quarter, having struggled in the first few months of 2025. While the “king of altcoins” is in a much better place than it was a few months ago, ETH has not particularly impressed in the last few weeks.

The Ethereum price had been stuck within a consolidation range before falling to a new swing low over the past week. In the late hours of Saturday, June 21, the altcoin’s value fell below $2,300 in a single move, mirroring the brewing selling pressure in the market due to the escalating tensions in Asia.

Is ETH Price Bound For The $1,200 Level Again?

In a June 21st post on the X platform, Chartered Market Technician (CMT) Aksel Kibar painted an interesting bearish picture for the Ethereum price over the next few weeks. According to the market expert, the price of ETH could be gearing up for a period of significant downward movement.

The reasoning behind this bearish projection is the price movement of an ascending channel pattern on the Ethereum chart on the weekly timeframe. An ascending channel is a technical analysis pattern characterized by two major (upward-sloping) trendlines: the upper line linking the swing highs and the lower line connecting the swing lows.

Typically, the ascending channel pattern suggests the persistence of an upward price trend. However, a breakout of this channel can be used to identify a trend reversal or continuation. For instance, if a breakout occurs beneath the lower trendline, it suggests that there might be a shift from an upward trend to a downtrend.

Source: @TechCharts on X

As shown in the chart above, this breakdown was the case for the Ethereum price when it succumbed to significant bearish pressure earlier this year. The altcoin’s value plunged to as low as $1,200 in early April before witnessing a strong resurgence back above the $2,000 level.

In his post on X, Kibar posited that the recent bullish momentum seen with the Ethereum price could be a mere retest of the broken lower channel boundary. If this is the case, the price of ETH may be headed back to $1,200 or even lower — around the $900 region.

Ethereum Price At A Glance

As of this writing, the price of ETH sits just beneath the $2,300 level, reflecting an over 5% decline in the past 24 hours. According to data from CoinGecko, the altcoin is down by nearly 9% on the weekly timeframe.

The price of ETH on the daily timeframe | Source: ETHUSDT chart on TradingView

Featured image from iStock, chart from TradingView

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June 22, 2025 0 comments

Gaming Gear

I’m an AI expert and this is why strong ethical standards are the only way to make AI successful

by admin June 17, 2025

Artificial Intelligence (AI) touches virtually every industry, but it’s become a foundational element in today’s customer experience (CX) strategies. Contact centers, customer support platforms, and digital engagement tools rely on AI to enable faster response times, more personalized interactions, and to uncover valuable insights from massive amounts of customer data. Conversational AI, real-time voice analytics, and intelligent routing are just a few of the innovations transforming how organizations connect with their customers.

While there are plenty of benefits to AI, one thing remains true: AI will never be entirely free from bias. This is because AI is only as accurate as the data it was trained on – which is ultimately created, trained, and maintained by humans – humans, who unconsciously bring their own assumptions and blind spots into the AI systems they build.

This doesn’t mean AI can’t be trustworthy, responsible or fair. It simply means organizations need to implement strong guardrails and standards for monitoring and refining AI models to ensure fairness, inclusion, and neutrality. Mitigating bias is essential across industries, but is especially important in CX – not just for stronger performance and efficiency, but to build and maintain long-term customer trust and regulatory compliance.

Reducing AI bias improves agent performance and efficiency

When using AI to automate customer service tasks or assist human agents, even the smallest of biases in data can lead to low-quality experiences. For example, speech recognition tools might struggle to understand different accents and dialects, leading to frustrating customer experiences. Sentiment analysis might misread emotional cues, resulting in inaccurate responses or escalation to the wrong agent. Intelligent routing workflows can unintentionally prioritize certain customer profiles over others if historical training data skews unfairly.

These inconsistencies don’t just impact customers, but agents as well. Human agents may have to step in more often to correct AI mishaps or hallucinations, increasing their cognitive workload and decreasing employee morale, reducing the overall efficiency that AI-powered tools promise to deliver. Additionally, it decreases trust in the technology for agents, potentially leading to negative perceptions of how AI is used and how it is impacting their work.

To address these challenges, organizations need to start by using diverse datasets to train AI models and ensure they can adapt to evolving inputs. From there, constantly auditing and refining data allows organizations to weed out biases before they creep into outputs, ensuring more fair, accurate results. Additionally, monitoring real-time customer feedback across multiple channels gives organizations a strong idea of where customer frustrations are occurring and allows them to take another look at the data feeding those interactions.

Ethical AI builds customer loyalty and supports compliance

Today’s consumers are more tech-savvy and privacy-conscious than ever. While recent data shows that more than half of consumers say AI alone doesn’t negatively impact their trust, how customer data is used with it can.

Organizations can address these concerns by adopting privacy-first principles to maintain trust and show commitment to responsible AI practices. Taking steps like encrypting sensitive data, restricting access through strong identity controls, and anonymizing customer data used in AI training models are great examples of a privacy-first approach. Transcripts, voice recordings, and behavior patterns must be handled with care – not just to build trust, but to comply with privacy laws like the GDPR, CCPA and the EU AI Act.

Transparency with consumers is equally as important, especially as it relates to how and what data is collected. Giving customers control over their data, ensuring transparent AI governance, clearly disclosing the use of AI chatbots or tools, and providing seamless escalation to human agents when needed, fosters a sense of trust among customers. Organizations that share how AI is used and decisions are made are likely to earn long-term customer loyalty.

What is easily forgotten is that there is an entire industry segment called Workforce Engagement Management and part of that is coaching agents and getting customer feedback. The ethics of best practice are already in place. Whether it is a virtual agent or a real agent, the principle of improving and compliance still applies. What AI can bring is that the time between the potential error and the review of that mistake can be almost instantaneous. We can also use AI to check AI and compare the ethical answer with the actual answer. Just make your AI agents trainable as you would with your human agents.

Responsible AI enables responsible innovation

AI-driven innovation seems to move at the speed of light, but innovation doesn’t have to come at the expense of responsibility. Unsurprisingly, the most forward-thinking organizations are those that embed ethical principles into the innovation process from day one. Achieving this means fostering open collaboration between developers, data scientists, business stakeholders, and IT teams to ensure that both innovation and security are balanced.

Establishing a clear AI governance framework or roadmap helps align stakeholders around a clear vision for ethical AI. When standards and processes are both clearly defined and consistently applied, organizations can scale innovation more responsibly and confidently.

Bias in AI is a complex issue that nearly every organization has or will face – but it’s not an unsolvable one. Feeding diverse datasets into AI training models and then consistently auditing the data helps to mitigate bias. While truly bias-free AI may be difficult to achieve, understanding the challenges and continuously working to limit bias leads to stronger customer loyalty, enhanced compliance, and more opportunities to innovate at scale.

I tried 70+ best AI tools.

This article was produced as part of TechRadarPro’s Expert Insights channel where we feature the best and brightest minds in the technology industry today. The views expressed here are those of the author and are not necessarily those of TechRadarPro or Future plc. If you are interested in contributing find out more here: https://www.techradar.com/news/submit-your-story-to-techradar-pro

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June 17, 2025 0 comments

GameFi Guides

Time To Long Bitcoin? Market Expert Reveals When $600,000 BTC Will Happen

by admin June 14, 2025

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Bitcoin is still trending above $100,000 despite the market crash triggered by the Israel-Iran war, but it has yet to dissuade investors from expecting higher prices. One of those who has called for higher prices is crypto market expert Ansem, who has called for higher Bitcoin prices. He lists out some major developments that could spur an increase in the price of the cryptocurrency, suggesting a possible 500% increase from here.

The $600,000 Bitcoin Target

In an analysis, crypto analyst Ansem, also known as blknoiz, gave reasons why he believes that the Bitcoin price could be headed. The first reason given for this is the fact that the likes of Michael Saylor’s Strategy continue to accumulate Bitcoin in large quantities. It is not the only company buying the asset, with others such as GameStop also joining the buying spree. This is expected to keep pushing the price of Bitcoin upwards as these companies are more likely to hold for a long time.

The second in the list of reasons is that there are growing global concerns when it comes to accessing stores of value not controlled by the government. Given BTC’s decentralized nature, it enables holders to have complete control, free of government oversight, as well as move value away from more fiat sources such as the US dollar and debt.

Next in the line is the fact that the gold market cap is above $23 trillion despite being an unlimited asset. In contrast, Bitcoin’s fixed supply of 21 million BTC, as well as its being able to be easily transferred across nation states, makes it a better store of value over the long term.

Source: TradingView

Macro Factors Supporting A Bitcoin Surge

Other macro factors that are contributing to the long-term bullishness of Bitcoin are the fact that there is improving regulatory oversight over the crypto market. This has brought the market toward the mainstream, with sentiment skewing toward the positive lately.

Bitcoin has also been able to shed off the tariff fears despite a massive sell-off triggering a 30% crash to $75,000 earlier in the year. It is currently still holding support above $100,000, showing strength here. This, coupled with the fact that the Department of Government Efficiency (DOGE) is moving to cut government spending, has made BTC a rather attractive asset to hold.

Given all of this, the crypto expert believes that the Bitcoin price could rise 500% to reach $600,000. This would put the digital asset at a market cap between $10 and $12 trillion, and the timeline for this is expected to be sometime in 2028.

BTC struggles to maintain bullish pressure | Source: BTCUSDT on TradingView.com

Featured image from Dall.E, chart from TradingView.com

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June 14, 2025 0 comments

Crypto Trends

Can The Shiba Inu Developer Push SHIB Price To $0.01? Expert Responds

by admin June 14, 2025

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The vision of Shiba Inu (SHIB) reaching $0.01 has long been a carefully nurtured dream within its community—one rooted in both hope and strategic belief. Supporting this vision, a crypto market expert is convinced that Shiba Inu could ultimately reach the $0.01 bullish target. However, the catalyst behind this explosive price increase reportedly involves the Shiba Inu developer and the series of groundbreaking developments he has allegedly planned for the meme coin’s evolving ecosystem.

Shytoshi Kusama And The Shiba Inu $0.01 Dream

A prominent crypto analyst, Luis Delgado, on X (formerly Twitter), has sparked speculation across the Shiba Inu community, claiming that Shytoshi Kusama, the lead developer of the SHIB ecosystem, still has “several aces up his sleeve.” According to the market expert, these supposed behind-the-scenes developments could act as bullish catalysts, potentially triggering a dramatic shift in the crypto space once revealed.

Delgado’s cryptic message, which concluded with the tag “#1CentDreanSHIB,” has ignited fresh discussions around the long-standing community ambition of seeing Shiba Inu reach the $0.01 mark—a dream that has fueled investor passion since the meme coin’s early rise. While the analyst did not disclose specifics, the statement about Kusama hints at strategic upcoming developments, innovations or even partnerships yet to be deployed within the Shiba Inu roadmap.

With past initiatives such as the Shibarium layer-2 solution, the ShibaSwap Decentralized Exchange (DEX), and the SHIB metaverse laying foundational infrastructure, the stage appears set for the next wave of innovative ecosystem expansions. These prior efforts and milestones have not only strengthened SHIB’s utility and growth but also signaled a long-term vision—one that may soon be accelerated by the Shiba Inu developer’s anticipated plans.

Although $0.01 is an ambitious target for Shiba Inu due to its currently low price, confidence and optimism surrounding the possibility continue to grow within the community. If the analyst’s claim of upcoming developments materializes, they could serve as powerful launchpads to propel SHIB’s next breakout phase. For now, all eyes remain on Kusama and his next moves, despite his continued silence on social media since May 29, 2025.

$0.01 May Be A Dream, But Analyst Says $0.00023 Could Happen

‘Crypto SHIB,’ a market analyst and dedicated SHIB supporter, has just issued a bullish forecast, projecting that the second-largest meme coin could be on the verge of a massive 17X surge in the near future. The analyst maintains strong confidence in SHIB’s future outlook, urging traders and investors to “just hold and be patient.”

Notably, a 17x surge from the Shiba Inu price, which is currently sitting at $0.000011, would propel it to an impressive $0.00023 high. This target is significant, as it effectively eliminates a zero from SHIB’s value and positions the meme coin well above its current all-time high near $0.000088, achieved during the bull run in October 2021.

SHIB trading at $0.000011 on the 1D chart | Source: SHIBUSDT on Tradingview.com

Featured image from Getty Images, chart from Tradingview.com

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June 14, 2025 0 comments

GameFi Guides

ETF with XRP Exposure Likely Next, Top Expert Says

by admin June 12, 2025

According to Nate Geraci, president of The ETF Store, the Grayscale Digital Large Cap Fund (GDLC) ETF could be next in line to gain approval from the U.S. Securities and Exchange Commission (SEC).

As reported by U.Today, the leading cryptocurrency-native asset manager originally filed to convert the fund into an ETF product last October. The filing was then acknowledged by the regulator in late 2024.

Early on, ETF analysts were optimistic about its approval odds since it contains only a small portion of altcoins with lower liquidity.

Bitcoin (BTC) accounts for the vast majority of its holdings (78.77%). Ethereum (ETH) and XRP come in second and third places with 12.4% and 4.9% weightings, respectively.

Bloomberg’s ETF approval odds

In the meantime, Bloomberg analysts recently updated their ETF approval odds.

Solana (SOL) and Litecoin (LTC) have the highest approval odds of 90% alongside some index ETFs such as the one proposed by Grayscale.

Spot-based XRP ETFs come in second place in terms of approval odds, with 85%.

Cardano (ADA) and Polkadot (DOT) ETF proposals are at 75%.

Despite the crypto-friendliness of the new administration, the agency is in no rush to grant approval for new crypto products.

It is worth noting that neither BlackRock nor Fidelity has joined the altcoin ETF race, but Geraci previously predicted that they would not remain on the sidelines.

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June 12, 2025 0 comments