⚡What are the chances of altcoin ETFs being approved? Is the dawn for retail investors coming?
Currently, it seems that the ETFs for SOL, XRP, and LTC may be on the verge of approval—
SOL and XRP have been classified as securities due to previous legal issues, and they may be put on hold by the SEC for review;
On the other hand, $LTC, which has quietly been recognized as a commodity, has become the one with the highest chance of approval.
Having expectations is a good thing! In this time of relentless effort leading to losses, whichever ETF gets approved first will inject confidence into the market.
However, this does not mean that all altcoins will experience a widespread rally; a general rise might only last for a minute, followed by a year of stagnation.
Projects that are not closely related to mainstream narratives and hot topics should not be overly optimistic. Those who need to take profits or cut losses must adhere to their strategies, maintain discipline, and not hesitate!
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