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$XRP #LITECOINXRPETF Bloomberg analysts' rankings show Litecoin leading altcoin ETF approval race while XRP trails
Bloomberg ETF analysts Eric Balchunas and James Seyffart have released their latest approval odds for spot altcoin
Bloomberg analysts Eric Balchunas & James Seyffart predict Litecoin will lead the race, while XRP will receive the lowest approval probability in 2025.
Bloomberg analysts suggest that Litecoin (LTC) is the frontrunner in the race for an altcoin ETF, with a high probability of approval, while XRP lags behind. This ranking is based on regulatory clarity, market structure, and historical precedents.
Litecoin’s close resemblance to Bitcoin in terms of proof-of-work consensus and SEC classification as a commodity boosts its chances. On the other hand, XRP’s legal battle with the SEC over its classification as a security puts it at a disadvantage. If an LTC ETF is approved first, it could pave the way for other altcoin ETFs in the near future.
Bloomberg ETF analysts Eric Balchunas and James Seyffart have released their latest approval odds for spot altcoin
Bloomberg analysts Eric Balchunas & James Seyffart predict Litecoin will lead the race, while XRP will receive the lowest approval probability in 2025.
Bloomberg analysts suggest that Litecoin (LTC) is the frontrunner in the race for an altcoin ETF, with a high probability of approval, while XRP lags behind. This ranking is based on regulatory clarity, market structure, and historical precedents.
Litecoin’s close resemblance to Bitcoin in terms of proof-of-work consensus and SEC classification as a commodity boosts its chances. On the other hand, XRP’s legal battle with the SEC over its classification as a security puts it at a disadvantage. If an LTC ETF is approved first, it could pave the way for other altcoin ETFs in the near future.
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