According to online reports, Bloomberg digital assets analyst James Seyffart and senior ETF analyst Eric Balchunas disclosed approval probability forecasts for four cryptocurrency ETF applications, including the highly anticipated Solana ETF in the market. According to estimates by Bloomberg analysts, Solana has a 70% chance of officially entering traditional financial markets before October 10, 2025, the deadline for the SEC's final ruling. Seyffart and Balchunas are optimistic because the SEC has recently formally accepted a 19b-4 application filed by Grayscale, a key development that was never achieved under the leadership of former SEC Chairman Gary Gensler.