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Bloomberg publishes the probability of approval for the ETF of altcoins, with the highest chance for Litecoin and DOGE following closely.
Bloomberg's official odds for the approval of shitcoin ETFs are out. LTCcoin (Litecoin) leads with a 90% probability, followed by DOGE (Doge), then Solana and XRP.
ETF analyst James Seyffart believes:
The application is about to be confirmed, and this week the SEC may take further action on XRP and Dogecoin. At the same time, the SEC is also starting to confirm more Solana documents.
The SEC and Commissioner Pierce's crypto team will resolve the previous related litigation issues by the end of 2025.
Analyst Eric Balchunas also said that the probability of these ETFs before the US election is less than 5%, so the estimated chances are indeed high at the moment, and the chances may increase as time goes on.
Grayscale applies for the first Cardano spot ETF in the United States! Solana, XRP are also in the pipeline, SEC's attitude is key(
Until the deadline, only LTCcoin LTC performed well, with a weekly increase of over 17%, while XRP, SOL, and DOGE coin prices were not significantly affected.
This article, published by Bloomberg, discusses the likelihood of approval for a shitcoin ETF. Litecoin has the highest chance, followed by DOGE. It was first reported by ChainNews ABMedia.