Grayscale has officially submitted the world's first ADA spot ETF application to the U.S. Securities and Exchange Commission (SEC). At the same time, two ETF analysts from Bloomberg have predicted the approval probabilities for four altcoins: SOL, XRP, DOGE, and LTC, believing they have a significant chance of being approved.
Unlike the past bull market strategy of 'buying new and not old', the current market seems to show little interest in new coins, instead favoring those mature, established altcoins. Grayscale has officially submitted the world's first ADA spot ETF application to the U.S. Securities and Exchange Commission (SEC). At the same time, two ETF analysts from Bloomberg have predicted the approval probabilities for four altcoins: SOL, XRP, DOGE, and LTC, believing they have a significant chance of being approved.
Unlike the past bull market strategy of 'buying new and not old', the current market seems to show little interest in new coins, instead favoring those mature, established altcoins.