Bloomberg analysts have raised the probability of encryption ETF approval to 90%, but the specific launch time remains uncertain.

[Coin World] Bloomberg analysts Eric Balchunas and James Seyffart stated that they have raised the probability of approval for most Spot encryption ETFs to 90% or higher, noting that the positive interaction from the U.S. SEC is an important signal. However, the two pointed out that the specific timing for approval or launch remains uncertain, potentially occurring within the next month or two, or it could be postponed until after October, emphasizing that this is a question of “when it will happen” rather than “whether it will happen”.