The U.S. Securities and Exchange Commission (SEC) is gradually delaying the ETF applications for altcoins such as XRP, Solana (SOL), Litecoin (LTC), and Cardano (ADA).
The market is eagerly anticipating which altcoin ETF will be approved after Bitcoin and Ethereum. Bloomberg ETF analysts Eric Balchunas and James Seyffart predict that Solana may be the first altcoin to receive approval for a spot ETF.
Bloomberg ETF analyst Eric Balchunas also pointed out that there may be an altcoin ETF led by Solana coming this summer.
At this time, Eric Balchunas stated that it is highly likely that altcoin ETFs will receive large-scale approval this summer.
