#Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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BREAKING: Bloomberg Analysts Share the Latest Spot ETF Approval Odds for 9 Altcoins Including XRP, DOGE, and ADA!
Eric Balchunas, a senior ETF analyst at Bloomberg, evaluated the increasing interaction of the U.S. Securities and Exchange Commission as a positive signal, updating the likelihood of many spot crypto ETFs being approved in 2025 to 90% or higher.
According to the table shared by Balchunas, the approval probability for spot ETF applications of major crypto assets such as Litecoin, Solana, and XRP has risen to 95%. For Dogecoin, Cardano, Polkadot, HBAR, and Avalanche, this rate is estimated to be 90%. The SEC's classification of these assets largely as "commodities" and the existence of futures regulated by the CFTC are among the factors increasing the chances of approval.
The approval likelihood for SUI and Tron (TRX) seems more uncertain. Particularly, while the approval rate for SUI is assessed at 60%, no probability is given for TRX as its final decision date extends to 2026.
According to the latest data, the approval probabilities are as follows:
*This is not investment advice.
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