The race to obtain the next cryptocurrency exchange-traded fund in the United States is now between Bitcoin, Litecoin, Ethereum, Solana, XRP, and Dogecoin. Earlier this month, Bloomberg Intelligence ETF analysts James Seyffart and Eric Balchunas predicted that the chances of approval for XRP and Dogecoin ETF proposals are 65% and 75%, respectively, before the end of 2025.
BlackRock has led the campaign to obtain approval for a Bitcoin ETF in the United States during 2023, with a number of Bitcoin ETFs set to debut in January 2024 before rising to become one of the fastest-growing ETFs of all time.
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