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
During Anthropic IPO roadshow, OpenAI also discloses financial data: Q3 revenue falls short, losses far exceed expectations
OpenAI's revenue in Q3 reached $10 billion, marking a nearly 50% quarter-on-quarter increase. Its annualized run rate is approximately $50 billion, but operating losses have expanded from $10.1 billion to $10.9 billion. Competitor Anthropic has begun its IPO roadshow, with Q3 revenue of $17 billion and losses of only $567 million, leading in both scale and profitability.
Petrobras (PBR.US) Achieves Record Oil and Gas Production in Q3; Adjusted Net Profit Up 78% Year-on-Year, Raises Full-Year Production and Capital Expenditure Guidance
Petrobras released its Q3 2026 financial results after the US market close on November 10.
Retail Investors Can Short AI-Related Debt? High-Leverage CDS ETF Launches, but Analysts Remain Skeptical
Two institutions plan to launch leveraged ETFs tied to CDS of AI companies, betting on credit defaults; Oracle's CDS volume has surged from $8.7 billion to $47.6 billion this year.
Wall Street is divided over Nvidia (NVDA.US): Some see a "once-in-a-lifetime buying opportunity," while others worry about Huang Renxun being "irreplaceable."
Nvidia's (NVDA.US) forward P/E ratio has fallen below 10x—a valuation typical for companies in structural decline, now seen at a firm widely regarded as the "core of the AI revolution."
Crypto prices
More
