🥳 Altcoin #etf application explosion, LTC may be the first to get approved. Bloomberg ETF expert analyst James Seifart stated that various altcoin ETF applications have already been submitted, including $SOL, $DOGE, $LTC, etc.
However, he warns that one should not be overly optimistic at this time. Although the XRP ETF may be approved in 2025, other cryptocurrencies' ETFs may be approved first, he specifically mentioned #Litecoin .
The ongoing lawsuit involving $XRP claims that this cryptocurrency is a security, preventing it from obtaining ETF approval. Therefore, the LTC ETF may be launched ahead of the XRP ETF.
What are your thoughts on the prospects of altcoin ETFs?
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