Bloomberg analysts predict the odds of altcoin ETFs being approved: 90% for LTC, 70% for SOL, and 65% for XRP

Odaily News The U.S. Securities and Exchange Commission (SEC) has postponed its decision on whether to approve applications for exchange-traded funds (ETFs) backed by several altcoins, including XRP, Solana, Litecoin, and Dogecoin, as well as a new Ethereum ETF proposal that would allow issuers to pledge their holdings and distribute part of the proceeds to investors. Bloomberg ETF analysts James Seyffart and Eric Balchunas gave a prediction of altcoin ETF approval: the probability of Litecoin ETF approval is 90%, Solana ETF is 70%, Dogecoin ETF is 75%, and XRP ETF is 65%. (Bitcoinist)