Will the boom of competitive coin ETFs arrive soon? Analysts estimate that the approval rate for spot ETFs will reach 90%
The probability of the U.S. SEC approving competitive coin spot ETFs has greatly increased, with the approval rate for Litecoin (LTC) estimated to be as high as 90%, prompting LTC to rise over 6% on May 2, outperforming major cryptocurrencies. Bloomberg analysts pointed out that the period from July to December will be crucial for the fate of multiple competitive coin ETFs, including SOL, DOGE, XRP, ADA, and others. The market is optimistic that the approval rate for basket-type ETFs (covering multiple coins) will be the highest. The main reason driving the shift in the atmosphere for ETF approvals is Trump's reappointment of crypto-friendly Paul Atkins as SEC chairman, leading to a more open regulatory attitude. Overall, crypto ETFs are expected to enter a phase of rapid expansion, with institutional funds expected to increase significantly.
In the wave of rising attention for small coins driven by competitive coin ETFs, the "Hero Dog Conan Coin," which has become a topic of conversation and a cultural symbol, is poised to be the next potential dark horse. Combining loyalty, bravery imagery, and community power, at the intersection of political and technological issues, Conan Coin can not only serve as a narrative tool but may also attract a new generation of retail investors and brand partnerships. It is recommended to position strategically and catch the second train of the ETF boom!
