Analysts of the Bloomberg Fund (ETF) fund gave 90% chance that the American securities regulator will approve the ETF point in Litecoin before the end of the year.

James Seyffart from Bloomberg and Eric Balchunas perceive his chances of approval in 2025 as higher than other ETFs, including ETF ETF ETF ETF ETF ETF with a point XRP (XRP), Solana (SOL) and Dogecoin (DOGE) – which have 65%, 70%and 75%.

Litecoin (LTC), which was created as a faster alternative to Bitcoin (BTC) in 2011, has a similar mechanism of evidence for bitcoins.

Publishing on x, couple he said The fact that the Litecoin path to approval SEC may be the simplest because the S-1 and 19b-4 forms have already been complicated and confirmed, while SEC probably also perceives it as a goods.

The race for more cryptographic ETF is in line with the robust demand of ETF Bitcoin and Ether (ETH) that came on USD 40.7 billion and USD 3,18 Net value of a billion from launching in January and July 2024, respectively, Farside Investors show.

Although Seyffart does not think that ETF Litecoin will attract so much demand, he said that it can still be profitable for funds from only $ 50 million in some cases.

“They do not have to throw him out of the park on the basis of flow to be profitable from the perspective of the issuer,” said Seyffart Cointelegraph.

Related: Cryptographic markets tried to remain peaceful … Then Trump happened

The final date for SEC determines ETF from Litecoin, Solana, XRP and Dogecoin is from October 2 to October 18, shows the Seyffart chart. Seyffart said ETF Litecoin may start earlier.

Seyffart and Balchunas also decided that ETF for Hedera (Hbar) and Polkadot (Dot) were submitted by Canary Capital and 21shares, but they have not yet determined any chance of approval at the time of writing.

Expect you to see more Cryptographic ETF documents

Seyffart said that you can also propose more ETF cryptocurrencies, anticipating that ETF issuers based in the USA follow the “SPAGHEETTI cannon approach”.

“Issues will try to launch many different things and see what sticks,” said Seyffart.

“You will probably see a long ETF tail containing digital resources in the long run, and those that do not gain interest or flows will simply eliminate.”

Balchun excellent That the chances of all these cryptographic ETF – except Litecoin – were below 5%, before US President Donald Trump won the US election on November 5, 2024.

Regulatory work should still be carried out with XRP, Solana

Meanwhile, the questions remain on the safety status of Solana and XRP, and Seyffart predicts that ETF XRP will not be approved until the SEC claim against Ripple is fully resolved.

Ripple won a partial victory in August 2023, when it was said that XRP was not a security when sold in secondary markets – SEC appealed against this court decision, claiming that Ripple violated the provisions regarding securities when he sold XRP to retail investors.

However, these activities have been taken as part of SEC under the leadership of Gary Gensler, and Ripple now hopes that the fresh SEC leadership, which currently led by the full chairman of Mark Uyeda, will withdraw the case of enforcement.

Solana’s safety status will also have to be solved before SEC is able to analyze the salt under the “pack of ETF of goods,” Seyffart said last month.

Warehouse: How do cryptocurrency regulations change around the world in 2025