Litecoin, XRP and Solana ETF Applications Have 95% Chance of Approval This Year: Bloomberg Analysts
Litecoin ( LTC ), XRP and Solana ( SOL ) exchange-traded fund (ETF) applications all have overwhelming odds of approval this year, according to Bloomberg ETF analysts.
James Seyffart and Eric Balchunas now say on the social media platform X that those three altcoins have a 95% chance of securing ETFs in 2025.
They also give potential Dogecoin ( DOGE ), Cardano ( ADA ), Polkadot ( DOT ), Hedera ( HBAR ) and Avalanche ( AVAX ) ETFs a 90% chance of approval.
A Sui ( SUI ) ETF application from the crypto asset manager Canary Capital has slightly lower odds, at 60%, and a Canary Tron ( TRX ) bid doesn’t have any chance in 2025, according to the analysts.
Source: James Seyffart/X
Seyffart also notes that Ethereum ( ETH ) staking ETFs are also “extremely likely” to be approved in 2025.
Numerous other ETF applications have been filed for potential funds based on Axelar ( AXL ), BNB , Aptos ( APT ), Chainlink ( LINK ), Pudgy Penguins ( PENGU ), Official Trump ( TRUMP ), Melania ( MELANIA ) and Bonk ( BONK ).
Other potential new ETFs are tied to a basket of currencies, and a few are based on Bitcoin ( BTC ) and/or Ethereum, assets that have already been approved for inclusion in other spot ETFs.
The SEC greenlit the first spot market Bitcoin ETFs in January 2024, bringing in billions of dollars worth of inflows to the top digital asset by market cap. The regulator subsequently approved Ethereum ETFs for trading last July.
Follow us on X , Facebook and Telegram
Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
Check Price Action
Surf The Daily Hodl Mix
Generated Image: DALLE3
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Research Report|In-Depth Analysis and Market Cap of Allora Network (ALLO)

CryptoQuant: Stablecoin reserves reach all-time highs, Bitcoin may be poised for a new surge.
Matrixport: UNI May Be About to Receive a New Catalyst
Market Forecast and Technical Analysis for Gold, Bitcoin, and US Stocks Over the Next Two Years
The real large-scale liquidity release may not happen until May next year, after Trump takes control of the Federal Reserve, similar to what happened in March 2020.

