According to WuShuo, Bloomberg ETF analyst James Seyffart said that the US SEC's approval of Solana and XRP ETFs has been delayed and will have to wait until the new SEC management takes office before reconsidering it, and legal issues need to be resolved.
Litecoin and HBAR ETFs have better prospects for approval, as Litecoin is considered a Bitcoin fork and has not been identified as a security by the SEC. Currently, Canary is the only issuer to have submitted applications for Litecoin and HBAR ETFs, but investor demand is still unclear.
Bloomberg ETF analyst Eric Balchunas said that a wave of cryptocurrency ETFs is expected to appear next year, starting with a BTC + ETH combination ETF, followed by Litecoin, HBAR, and finally XRP/Solana.
