Bloomberg analysts predict the approval probabilities for altcoin ETFs: LTC at 90%, SOL at 70%, XRP at 65%

according to Bitcoinist, the SEC has delayed its decision on whether to approve the applications for exchange-traded funds (ETFs) supported by several altcoins (including XRP, Solana, Litecoin, and Dogecoin), as well as a new Ethereum ETF proposal that allows issuers to stake their held assets and distribute part of the profits to investors.

Bloomberg ETF analysts James Seyffart and Eric Balchunas provided their predictions for the approval of altcoin ETFs: the likelihood of approval for the Litecoin ETF is 90%, for the Solana ETF is 70%, for the Dogecoin ETF is 75%, and for the XRP ETF is 65%.