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Cryptocurrency News Articles
Polymarket Bettors Are Optimistic on Altcoin ETFs Seeing Approval in the Second Half of 2025
Feb 05, 2025 at 01:06 am
According to bettors on the Polymarket prediction marketplace, we're not very likely to see any altcoin ETF (exchange-traded fund) approvals in the first half of 2025
According to bettors on the Polymarket prediction marketplace, it's not very likely that we'll see any altcoin ETF (exchange-traded fund) approvals in the first half of 2025. However, there is significantly more optimism when it comes to such ETFs seeing approval in the second half of the year.
Here's a look at Polymarket's currently active prediction markets related to altcoin ETFs. Currently, bettors are giving the best chance to Litecoin, with XRP and Solana right behind. Here's a quick breakdown of the current odds:
* Litecoin ETF approved by June 30, 2025: 29%
* XRP ETF approved by June 30, 2025: 18%
* Solana ETF approved by June 30, 2025: 13%
* Avalanche ETF approved by June 30, 2025: 9.3%
* Chainlink ETF approved by June 30, 0225: 6.7%
* Polkadot ETF approved by June 30, 2025: 4.8%
* Dogecoin ETF approved by June 30, 2025: 3.1%
* Cosmos ETF approved by June 30, 2025: 2.2%
* Filecoin ETF approved by June 30, 2025: 1.6%
* Near Protocol ETF approved by June 30, 2025: 1.1%
Interestingly enough, bettors on Polymarket are much more optimistic on altcoin ETFs seeing approval in the second half of the year. For instance, the odds of a Litecoin ETF being approved by the end of the year are currently at 73%, while the odds of an XRP ETF seeing approval by December 31 are at 53%.
When evaluating these predictions, it's important to keep in mind that these prediction markets have fairly low volume, which decreases confidence in the odds to some extent. Polymarket's largest prediction on the topic of cryptocurrency ETFs is "Doge ETF approved by July 31?," which has a volume of just under $384,000.
ETFs provide access to cryptocurrencies through the stock market
ETFs tied to cryptocurrencies are overwhelmingly seen as bullish, as they provide easy access to investors who want exposure to crypto, but aren't comfortable with buying and managing cryptocurrencies on their own. Instead, they can purchase an ETF through their stockbroker to gain investment exposure.
In the United States, investors can currently only access ETFs tied to Bitcoin and Ethereum. However, there is an expectation that the SEC (Securities and Exchange Commission) will approve additional cryptocurrency ETFs under the Trump administration.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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