#LTC&XRPETFsNext? 🚀 XRP & Litecoin ETFs: Nasdaq Makes Its Move

Nasdaq has applied for SEC approval to list XRP and Litecoin ETFs, potentially reshaping the cryptocurrency market. 📅 On January 20, it submitted its application under Rule 19b-4, fueling expectations following CoinShares’ earlier S-1 filing.

🔹 Litecoin could be the first ETF approved, according to Bloomberg analyst Eric Balchunas, if a pro-crypto administration takes control in the U.S.

⚖️ XRP vs. Regulators

Ripple is in talks with the CFTC, which seems more open to XRP, while the SEC continues to insist it is an unregistered security. Meanwhile, the CFTC has launched a pilot program to assess digital assets as financial collateral, involving Ripple, Circle, Coinbase, and Crypto.com.

📜 Legal Blow to the SEC

A recent court ruling determined that certain XRP sales are not securities, potentially setting an important precedent. However, the SEC continues to push for stricter regulations.

📈 Is Crypto Dominating Wall Street?

✅ Grayscale seeks to list Solana & Litecoin ETFs

✅ BlackRock is refining its iShares Bitcoin Trust ETF

✅ Cboe BZX Exchange is pushing for XRP ETFs

💡 Conclusion: If XRP and Litecoin receive approval, crypto could fully integrate into traditional markets. Are we about to see the first altcoin ETF in the U.S.? 🤔🔥