Key takeout
- Bloomberg analysts predict that Litecoin ETFs will have higher approval odds than DOGE, SOL and XRP.
- CFTC's Litecoin classification as a product bolsters the prospects for ETF approval.
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Bloomberg analysts hope Litecoin will lead the next wave of Spot Crypto ETF approvals as coin shares and other key asset managers actively pursue regulatory clearances for various digital asset funds. Masu.
new: @ericbalchunas And I saw the application for the Spot Crypto ETF. We have a relatively high acceptance potential across the board. It focuses primarily on Litecoin, Solana, XRP, and Dogecoin.
This is the table with odds and other details. pic.twitter.com/xaxanxlb0m
– James Seyfert (@jseyff) February 10, 2025
Nasdaq submitted form 19B-4 to the SEC For two coin-share products: Litecoin ETF and XRP ETF. The movement of European investment companies comes as they seek to expand the presence of US markets.
Bloomberg ETF analysts James Seifert and Eric Balknath evaluated the filing of the Spot Crypto ETF, covering Litecoin, Solana, XRP and Dogecoin.
Litecoin's regulatory outlook looks particularly advantageous, Just as CFTC classifies it as a product The Kucoin lawsuit distinguishes it from assets that may be subject to securities regulations.
The SEC and Commissioner Hester Perth Cryptographic Task Force is expected to clarify the security and product status of these digital assets by the end of 2025.
Market sentiment has changed significantly, with polymake data showing that approval odds for Litecoin ETFs exceed 80%, up from 42% in January 2025, above the current 80%.
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