Bloomberg Intelligence has increased its estimated chances of US regulators approving a Solana exchange-traded fund (ETF) in 2025 to 90%, as per an April 30 post on the X platform. The company also raised the odds for other altcoin ETFs, such as those holding XRP and Dogecoin, according to Bloomberg analyst Eric Balchunas. This updated forecast marks a positive shift from previous estimates in February, where the odds for a Solana ETF approval were 70%. As of April 30, six asset managers, including Grayscale, VanEck, and 21Shares, are awaiting SEC clearance to list ETFs with Solana’s native cryptocurrency. The same number of issuers are also waiting on approval for XRP ETFs, while three are seeking approval for DOGE funds. The SEC has until October to review and potentially approve the proposed funds. Asset managers are increasingly seeking SEC approval to list numerous altcoin ETFs, with up to 70 crypto ETFs awaiting review as of April. The surge in filings aligns with efforts to ease the regulatory stance on cryptocurrencies under the Trump administration. In March, the Chicago Mercantile Exchange (CME) listed futures contracts tied to Solana, indicating a potential approval for Solana ETFs. According to industry experts, the SEC’s review timeline could extend into 2026, based on past precedents. Nasdaq has also requested regulators’ approval to list a 21Shares ETF holding Dogecoin in April. The growing interest in altcoin ETFs signals a shift in the investment landscape towards cryptocurrency offerings.