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Bloomberg analyst: Prepare for a potential altcoin ETF Summer, with the Solana ETF likely to be approved first.
BlockBeats News, On June 11, Eric Balchunas, a senior ETF analyst at Bloomberg, posted on social media that “Preparing for a potential altcoin ETF Summer, Solana is expected to lead (and some portfolio products).” As previously reported, James Seyffart, an ETF analyst at Bloomberg, released the latest forecast for the approval probability of crypto spot ETFs, of which portfolio/index funds, Litecoin, and Solana have a 90% chance of approval, XRP has an 85% chance of approval, and Dogecoin, HBAR are expected to pass with an 80% probability. Cardano, Polkadot, and Avalanche are expected to pass with a 75% probability. SUI expects a 60% chance of passing. The results of the Tron/TRX audit will be announced as early as 2026.