Litecoin Takes the Lead in the Altcoin ETF Race

The growing interest in altcoin ETFs has put Litecoin $LTC at the forefront of approval discussions. Bloomberg ETF analysts Eric Balchunas and James Seyffart have updated their 2025 predictions for spot altcoin ETF approvals, placing Litecoin as the frontrunner, while XRP lags behind.

Litecoin Leads, $XRP Falls Behind

According to the analysts’ projections, Litecoin has a 90% chance of receiving ETF approval, followed by Dogecoin (DOGE) at 75% and Solana (SOL) at 70%. XRP, however, has the lowest likelihood, with an estimated 65% chance.

Balchunas emphasized that Litecoin has always been a strong contender in the ETF approval race. He also noted that before the election period, the approval chances for all altcoin ETF applications were below 5%, making the current predictions significantly higher.

Key Factors Driving Litecoin’s ETF Approval

The U.S. Securities and Exchange Commission (SEC) recently accepted 19b-4 forms for a potential Litecoin ETF, a crucial step toward approval. This regulatory development has significantly boosted optimism surrounding Litecoin.

Balchunas further highlighted that Litecoin, being a Bitcoin fork and utilizing the Proof-of-Work (PoW) mechanism, presents an advantage in the eyes of the SEC. Similarly, Dogecoin might benefit from its unique market positioning, as it was launched without a pre-sale, making it comparable to Litecoin in regulatory evaluations.