Current news about Litecoin ETFs ($LTC ) and $XRP indicate the following points:
Litecoin (#LTC ): There is a high expectation for the approval of a Litecoin ETF, with the probability of approval believed to be as high as 90% according to some analysts.
A request for the ETF by Grayscale to convert the Litecoin Fund to #ETFs has been filed, and this request has been recognized by the US Securities and Exchange Commission (SEC).
In addition, there are moves by CoinShares and others to launch LTC ETFs.
The price of LTC has been rising significantly recently due to these expectations, with a 15% increase in the past 24 hours according to some reports.
#Xrp🔥🔥 : It faces more complex challenges to get approved for an ETF, with analysts seeing a lower probability of getting approved than LTC.
Several applications for XRP funds have been filed by various investment firms such as Grayscale, Bitwise, and WisdomTree.
However, reports indicate that XRP is facing difficulties due to the current legal wrangling with the SEC, making the probability of approval lower but still present at an estimated 65%.
This information is derived from analysis and news available on the internet and should be treated with caution and critical analysis as expectations can change with new developments.