2024 marked a significant year for the crypto market with ETFs approved for Bitcoin and Ethereum. In this article, we explore the odds of Cardano, Ripple, Solana, and Dogecoin getting an ETF approval in 2025.
Introduction to ETFs and Their Market Impact
The approval of exchange-traded funds (ETFs) for cryptocurrencies has a considerable market impact. In 2024, Bitcoin and Ethereum reached many records, facilitated by ETF approval, which makes it easier for institutional and retail investors to invest in cryptocurrencies. Investors and traders are keenly watching the next candidates likely to gain ETF approval.
ETF Approval Odds for Cryptocurrencies in 2025
Among the cryptocurrencies analyzed on the Polymarket platform, Solana and Ripple have the highest odds of receiving ETF approval in 2025, with 86%. Dogecoin also surprisingly stands high with a 69% probability. Cardano ranks fourth with a 60% chance, which, though lowest among the listed, still presents a promising potential.
Why Ripple Could Be the Next Big ETF
Ripple stands out as a strong candidate for the next ETF. Its network is widely used by financial institutions worldwide due to its focus on addressing international payment challenges. After a years-long legal battle with the SEC, Ripple is achieving significant success, further bolstering its ETF approval odds in 2025.
2025 may become a year of new records and approvals for crypto ETFs. Ripple, Solana, Dogecoin, and Cardano represent some of the most discussed candidates, and their success could shift the market balance.
