Bloomberg Intelligence senior ETF analyst Eric Balchunas says the odds of spot ETFs for XRP and Dogecoin winning US approval are now 100%, arguing that last week’s rule change to adopt generic listing standards has rendered the old approval clock irrelevant and left only registration statements awaiting a final sign-off from the SEC’s Division of Corporation Finance.
“Honestly the odds are really 100% now. Generic listing standards make the 19b-4s and their ‘clock’ meaningless. That just leaves the S-1s waiting for formal green light from Corp Finance,” he wrote , adding that applicants for Solana ETFs have already filed another round of amendments, a sign the process is in its final stages. “The baby could come any day. Be ready.”
Balchunas’ call follows a flurry of developments tri