Exciting news for LTC and XRP fans! Bloomberg analysts predict that Litecoin ETFs have higher approval odds than XRP, DOGE, and SOL ETFs This is largely due to Litecoin's classification as a commodity by the CFTC, which bolsters its ETF approval prospects .
*Key Developments:*
- _Nasdaq Submits Applications_: Nasdaq has submitted 19b-4 forms to the SEC for two CoinShares products: a Litecoin ETF and an XRP ETF .
- _CoinShares' Commitment to Crypto_: CoinShares has demonstrated its commitment to crypto by filing S-1 filings for the products last month and following up with 19b-4 applications .
- _Growing Optimism_: The crypto market is optimistic that a Litecoin ETF will be approved before the end of 2025, which could lead to increased institutional investment and demand for LTC .
*What's Next?*
If approved, these ETFs could provide institutional investors with new ways to gain exposure to LTC and XRP, potentially boosting liquidity and demand for these assets. However, technical indicators suggest that LTC may experience a price pullback before any further gains .
