#LTC&XRPETFsNext?

Analysts Think: Dogecoin ETF More Likely Than Solana or XRP

Analysts James Seyfart and Eric Balkunas weighed the likelihood of SEC approval for various ETF products. They claimed that a Litecoin ETF is the most likely but made some unexpected predictions.

Specifically, they think Dogecoin is more likely to be approved than Solana or XRP because the SEC will consider the meme coin a commodity. Either way, they expect more clarity and SEC decisions to come soon.

The Security vs. Commodity Debate Will Impact XRP ETFs

Since former SEC Chairman Gary Gensler left the SEC, there has been a surge in new ETF applications. Several new companies are stepping up their efforts to win some popular ETFs, but there are newcomers.

For example, Bitwise has filed for Dogecoin, attempting to create the first meme coin ETF. Analysts James Seyfart and Eric Balkunas attempt to factor in the potential for ETF approval.