LTC and SOL Spot ETFs: 90% Approval Chance, Says Bloomberg Analyst

Bloomberg's Senior ETF Analyst, Eric Balchunas, estimates a high probability of Litecoin (LTC) and Solana (SOL) spot ETFs being approved this year. Bloomberg Intelligence data suggests a 90% chance for both LTC and SOL ETFs, along with crypto basket ETFs. This optimistic outlook extends to other altcoins, with XRP spot ETFs estimated at an 85% approval probability and DOGE spot ETFs at 80%. These predictions factor in the final review deadlines, primarily concentrated in the latter half of 2025. While Bitcoin and Ethereum spot ETFs have already paved the way, the potential approval of LTC and SOL ETFs signals growing mainstream acceptance of diverse cryptocurrencies and could open the door for increased institutional investment in the broader digital asset market. This move could offer investors more diversified and regulated exposure to the crypto space. ```