PANews reported on February 1st that according to Fortune, James Seifart, an ETF expert at Bloomberg, stated that there are currently multiple AltCoin ETF applications submitted, including SOL, DOGE, LTC, etc. However, he warned against being overly optimistic at present. While an XRP ETF may be approved in 2025, ETFs for other cryptocurrencies may be approved first, with specific mention of Litecoin. The ongoing SEC lawsuit involving XRP claims that the cryptocurrency is a security, which prohibits it from obtaining ETF approval. 'More work needs to be done in this area, but cryptocurrencies like Litecoin do not require it.' Therefore, the LTC ETF may be launched before the XRP ETF.
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· 02-01 04:43
ShenChao TechFlow news, on February 1st, according to Farside and Trader T joint data, the net inflow of yesterday's US SpotETH fund ETF was about 27.77 million US dollars, achieving net inflow for two consecutive trading days.
Bloomberg Analyst: LTC ETF may be launched before XRP
PANews reported on February 1st that according to Fortune, James Seifart, an ETF expert at Bloomberg, stated that there are currently multiple AltCoin ETF applications submitted, including SOL, DOGE, LTC, etc. However, he warned against being overly optimistic at present. While an XRP ETF may be approved in 2025, ETFs for other cryptocurrencies may be approved first, with specific mention of Litecoin. The ongoing SEC lawsuit involving XRP claims that the cryptocurrency is a security, which prohibits it from obtaining ETF approval. 'More work needs to be done in this area, but cryptocurrencies like Litecoin do not require it.' Therefore, the LTC ETF may be launched before the XRP ETF.