In a major development that could reshape the crypto investment landscape, a senior Bloomberg ETF analyst has predicted a 90% probability that the U.S. Securities and Exchange Commission (SEC) will approve spot ETFs for XRP, Dogecoin (DOGE), and Cardano (ADA) before the end of 2025. This bold forecast follows the recent SEC approvals of Ethereum spot ETFs and reflects growing institutional interest in altcoins beyond Bitcoin.
📈 The Growing Momentum for Crypto ETFs
The SEC's approval of spot Bitcoin ETFs earlier this year opened the floodgates for cryptocurrency-based investment products in the U.S. financial markets. Ethereum followed, with multiple issuers gearing up to launch their ETH spot ETFs. Now, all eyes are on other leading digital assets, especially XRP, DOGE, and ADA.
According to James Seyffart, ETF analyst at Bloomberg Intelligence, the probability of seeing ETFs based on these altcoins listed and trading by the end of 2025 has surged dramatically due to:
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Regulatory precedents set by BTC and ETH ETFs
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Increased pressure from major asset managers
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Growing market demand for diversified crypto exposure
🚀 Why XRP, Dogecoin, and Cardano?
The choice of XRP, Dogecoin, and Cardano is not random. These assets have:
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Large market capitalizations that place them in the top 10 digital assets globally.
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Active user communities and developer ecosystems that contribute to network resilience.
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High liquidity, making them viable candidates for ETF structures that require tight spreads and deep order books.
Additionally, XRP's legal clarity following Ripple's partial victory over the SEC has strengthened its case for inclusion in an ETF.
🏛️ Regulatory Landscape and Challenges
Despite the optimistic forecast, significant regulatory hurdles remain. The SEC will likely scrutinize:
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The degree of decentralization of each network.
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The market manipulation risks associated with the underlying spot markets.
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The quality of market surveillance agreements between exchanges and regulators.
Seyffart notes that while approval odds are high, the timing may depend on political shifts at the SEC and the outcome of ongoing legal cases related to crypto regulation.
💼 Institutional Interest and Market Impact
If approved, XRP, DOGE, and ADA ETFs could unlock billions of dollars in fresh capital from traditional investors who prefer regulated investment vehicles over direct crypto ownership. This could:
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Boost prices and liquidity for these assets.
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Enhance their legitimacy in the eyes of conservative investors.
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Accelerate the development of supporting financial infrastructure, such as derivatives and lending products.
🔮 What Comes Next?
Market watchers expect ETF issuers to file applications for XRP, DOGE, and ADA ETFs soon, possibly as early as Q3 2025. Should approvals come through, these ETFs could start trading before year-end.
Meanwhile, crypto enthusiasts and investors are urged to monitor:
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SEC statements and guidance.
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New ETF filings from major players like BlackRock, Fidelity, and VanEck.
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Political developments that could influence SEC policy towards crypto.
Final Thoughts
The potential approval of XRP, Dogecoin, and Cardano ETFs represents the next frontier in the integration of crypto with mainstream finance. If Bloomberg's 90% prediction materializes, 2025 could go down as a watershed year for altcoin adoption on Wall Street.
👉 Stay tuned as we track this unfolding story and its impact on global crypto markets.