Despite a positive outlook for the approval of numerous crypto exchange-traded fund (ETF) applications, uncertainties surrounding regulatory decisions from the Securities and Exchange Commission (SEC) are pushing their final rulings into 2025. Bloomberg analysts, Eric Balchunas and James Seyffart, have projected an approval rate of 75% to 90% for these ETFs currently under SEC review. This projection is based on factors like the positive view of Litecoin (LTC), Solana (SOL) and crypto Baskets/Indexes (including Grayscale’s GBTC) as commodities, coupled with their ties to regulated futures markets. Notably, all three are expected to receive final SEC approvals by July to October 2025. However, Ripple (XRP) faces a slightly lower 85% chance of approval due in part to the ongoing regulatory categorization process following the CFTC’s April 21 announcement that XRP is a regulated asset for futures markets.