BlockBeats news, on November 26, according to Coingape, Bloomberg ETF analyst James Seyffart's latest report indicates that the approval decisions for altcoin ETFs such as SOL, XRP, LTC, and HBAR may extend to the end of 2025. Unlike the already approved Bitcoin and Ethereum ETFs, these altcoins lack support from regulated futures markets like CME.
Although WisdomTree and 21Shares have submitted applications for an XRP ETF, current regulations still do not allow for their listing until issues such as market manipulation and custody compliance are resolved. Seyffart also mentioned that the new SEC leadership in 2025 may be more friendly towards cryptocurrencies, potentially allowing ETF products to incorporate staking features.
