Litecoin ETF Likely to Get Approved, Analysts Estimate 90% Probability
Bloomberg ETF analysts Eric Balchunas and James Seyffart have ranked crypto ETF applications by their chances of approval from the U.S. SEC.
At the top is Litecoin, with a 90% approval probability, followed by Dogecoin at 75%. Solana and XRP have lower odds. With chances of 70% and 65%, respectively. Litecoin and Dogecoin are seen as commodities, boosting their chances, while XRP’s ongoing legal battles with the SEC reduce its approval odds.
Seyffart notes that until the litigation is resolved, an XRP ETF is unlikely.
Clever Robot News Desk 11th February 2025
