The post Litecoin (LTC) Leading The Pack for Next Crypto ETF: 90% Chance of Approval appeared on BitcoinEthereumNews.com.

TLDR: Bloomberg analysts predict 90% approval chance for Litecoin ETF by end of 2025, higher than XRP (65%), Solana (70%), and Dogecoin (75%) ETFs SEC has acknowledged Litecoin’s regulatory filings, and analysts believe it will be classified as a commodity like Bitcoin Current Bitcoin and Ethereum ETFs have attracted $40.7 billion and $3.18 billion in net inflows since their launches More crypto ETF filings are expected from US-based issuers following a “spaghetti cannon approach” XRP and Solana ETF approvals face additional hurdles due to ongoing security status questions Bloomberg ETF analysts have given the Litecoin exchange-traded fund (ETF) a 90% chance of receiving SEC approval before the end of 2025, placing it ahead of other cryptocurrency ETF candidates. The assessment comes from Bloomberg’s James Seyffart and Eric Balchunas, who evaluated multiple crypto ETF proposals currently under review. Our official alt coin ETF approval odds are out. Litecoin leads w 90% chance, then Doge, followed by Solana and XRP. We are only doing for 33 Act $IBIT-esque filings. But def poss to see futures or Cayman-subsidiary type 40 Act stuff get through as well. https://t.co/JSaNnifjbu — Eric Balchunas (@EricBalchunas) February 10, 2025 According to their analysis, other cryptocurrency ETFs show lower approval probabilities. The analysts estimate a 75% chance for Dogecoin ETF approval, 70% for Solana, and 65% for XRP. These odds represent a major shift from earlier predictions, as most of these proposals had less than 5% chance of approval before recent regulatory developments. The strong performance of existing cryptocurrency ETFs has sparked interest in expanding the market. Since their launches, Bitcoin ETFs have attracted $40.7 billion in net inflows, while Ethereum ETFs have drawn $3.18 billion, according to data from Farside Investors. Litecoin’s high approval odds stem from several factors. The cryptocurrency, created in 2011 as a faster alternative…

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Filed under: News - @ February 11, 2025 2:20 pm