Bloomberg analysts have predicted a 90% probability of Litecoin's spot ETF approval by 2025, setting it ahead of other popular cryptocurrencies like Dogecoin and Solana.
Why Litecoin Has the Best Odds
Several key reasons underpin the strong ETF approval prospects for Litecoin. Firstly, its classification as a Bitcoin fork allows it to be viewed as more of a commodity than a security. Secondly, the absence of an ICO for Litecoin reduces SEC scrutiny. Additionally, filings by firms like Grayscale and Canary Capital indicate compliance with regulatory criteria.
Regulatory Hurdles for Solana and XRP
Solana and XRP face uncertainties due to regulatory ambiguities. Ripple's ongoing legal battles and claims about Solana's security status pose obstacles for their ETF approvals.
Political Shifts and Impact on Crypto ETFs
The regulatory environment shifted post-2020 election with the new administration taking a more crypto-friendly stance, expediting ETF filings from firms like Nasdaq and Cboe BZX Exchange, indicating brighter prospects for digital assets.
In 2025, the sentiment around crypto ETFs is notably positive, with experts predicting more product launches. Political and regulatory shifts are enhancing approval chances, particularly for assets like Litecoin.
