A Bloomberg ETF analyst has shared his predicted timeline for the approval of recent crypto ETFs for Ripple XRP; Litecoin LTC, and Solana SOL. 2025 is predicted to be greater for crypto than 2024, which noticed the arrival of Bitcoin and Ethereum ETFs. Bloomberg Senior ETF Analyst Eric Balchunas agrees with this sentiment, publishing his newest publication with dates he anticipates will carry the launch of recent altcoin ETFs.
On Tuesday, Balchunas said that we will anticipate “a wave” of recent cryptocurrency ETFs in 2025. First out is probably going the BTC and ETH combo ETFs, then prob Litecoin (as a result of its fork of BTC = commodity), then HBAR (as a result of it’s not labeled safety), after which XRP/Solana (which have been labeled securities in pending lawsuits),” he added.
Higher Possibilities for Crypto ETF Approvals in 2025?
With a newly structured SEC come 2025, consultants anticipate looser regulation on the crypto business. Donald Trump’s crypto-friendly administration can be set to play an element, opening the door for extra crypto enlargement in 2025. In line with Balchunas, XRP and Solana are favorites, however attributable to ongoing securities issued their ETFs could also be delayed. That delay does open the door for Litecoin, which has bullish momentum behind it.
Litecoin and Hedera Hashgraph (HBAR) could face fewer hurdles, based on the Bloomberg ETF analyst. He famous that Litecoin, a Bitcoin fork, is extra seemingly seen by regulators as a commodity, not a safety. Moreover, HBAR has not been labeled a safety by the SEC, which improves its odds of approval. Balchunas identified that “new issuer Canary is the one filer for a Litecoin or HBAR ETF,” although he acknowledged the uncertainty round investor demand for these funds.
Moreover, Balchunas even hinted on the potential of a Dogecoin (DOGE) ETF submitting quickly. “12/31 appears like a superb over/beneath date for Doge submitting,” he suggests, including that even a Dogecoin ETF might come. The precise dates of potential crypto ETF filings will seemingly turn out to be clearer as January comes and goes.
