Bloomberg analyst Eric Balchunas predicts that a combination of Bitcoin and Ethereum ETFs may be listed first next year, followed by Litecoin and HBAR. As for XRP and Solana, since their legal status has not yet been determined, they may need to wait for new U.S. securities transactions Further review can only be done after the management of the committee has been appointed. (Preliminary summary: The scale of the U.S. Bitcoin ETF has officially surpassed the gold ETF, subverting gold’s 20-year dominance) (Background supplement: ETH hit $4,100, the highest in 3 years! Analyst: It is expected to exceed $5,000 next year, and the opening of Ethereum ETF for staking is the key ) Today (18th), Bloomberg analyst Eric Balchunas said on X that a wave of cryptocurrency ETFs will be launched next year, although they will not all be listed at once. Balchunas said the most likely launch would be a combined Bitcoin and Ethereum ETF, followed by a Litecoin ETF (since Litecoin is a fork of Bitcoin and is considered a commodity), followed by HBAR (since it’s not yet available) are defined as securities), while XRP and Solana may need to wait until the new management of the U.S. Securities and Exchange Commission (SEC) takes office before they start to seriously consider it. Source: X Cryptocurrency ETF Application Progress Currently, Bitcoin + Ethereum ETF applications from Hashdex, Franklin and Bitwise are expected to become the next batch of approved spot cryptocurrency ETFs. The current situation of Litecoin and HBAR is unique. Litecoin is a fork of Bitcoin, which makes it possible for the SEC to treat it as a commodity asset. So far, the SEC has not defined Litecoin or HBAR as securities anywhere, which is a potential advantage to their approval. However, for other cryptocurrency projects, the security status of related tokens is still an unresolved legal dispute. Canary Becomes Only Applicant Currently, Canary is the only issuer to submit an application for Litecoin or HBAR ETF. Although Litecoin and HBAR have a greater chance of approval compared to other cryptocurrency ETFs, it is still unknown whether there is sufficient investment demand in the market. Bloomberg analyst James Seyffart wrote in October that issuer Canary applied for a Ripple (XRP) spot ETF and also submitted an application to the SEC for a Litecoin (LTC) spot ETF. Related reports: The size of the U.S. Bitcoin ETF has officially surpassed the gold ETF, subverting gold’s 20-year dominance. ETH hit $4,100, the highest in 3 years! Analyst: It is expected to exceed $5,000 next year, and the opening of Ethereum ETF for staking is the key. VanEck's top ten predictions for 2025: Bitcoin will reach a mid-term peak in Q1 next year, Solana spot ETF will be approved, and DeFi will hit a new high..." Isn't the next cryptocurrency ETF SOL? Peng Bo Analyst: HBAR and LTC are expected to be listed first next year. "This article was first published on BlockTempo (Dong District Dongzhu - the most influential blockchain news media).

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