Analyst: LTC ETF has a 90% chance of approval within the year, XRP and DOGE ETFs may be accepted this week

星球日报
星球日报|Feb 11, 2025 00:12
Odaily Planet Daily News: Bloomberg ETF analyst Eric Balchunas predicts the probability of spot cryptocurrency ETFs being approved by 2025, mainly including LTC, SOL, XRP, and DOGE. Among them, LTC and DOGE ETFs are the most likely to be approved, with probabilities of 90% and 75% respectively, SOL ETF has a probability of 70%, and XRP has a probability of 65%. Bloomberg ETF analyst James Seyfart stated that the significant impact/expectation of these possibilities is: 1. The application will be recognized, and XRP and DOGE ETFs may be accepted this week; The cryptocurrency working group of the SEC and Commissioner Hester Peirce will resolve some securities and commodity issues involved in the lawsuit by the end of 2025.
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