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Bloomberg analysts estimate the probability of Litecoin fund approval at 90%

Bloomberg analysts estimate the probability of Litecoin fund approval at 90%

HappyCoinNewsHappyCoinNews2025/02/12 18:55
By:HappyCoinNews

Bloomberg stock analysts James Seyffarth and Eric Balchunas believe the chances of an ETF being approved this year are Litecoin (LTC) is higher than other crypto funds. The probability of DOGE approval is ETF they estimate at 75%, SOL- ETF — in 79%, and XRP - ETF - in 65%.

Seyffarth and Balchunas argue that the path Litecoin The SEC's approval process may be the easiest, as the S-1 and 19b-4 forms have already been filed and approved. And the SEC has no objections to the cryptocurrency's status.

Bloomberg analysts estimate the probability of Litecoin fund approval at 90% image 0

The SEC's final decision deadline ETF on the basis of Litecoin , Solana , XRP и Dogecoin — from October 2 to October 18, 2025. However, according to Seyffarth, Litecoin - the fund may be launched before this time.

The analyst also believes that ETF on the base Litecoin will not generate much demand from investors. However, the fund will still be profitable for investment companies with small capital.

They don't have to be successful in terms of flows to be attractive to the issuer," Seyffarth said.

Interestingly, Balchunas believes the chances of all altcoin-based funds launching were below 5% before Donald Trump won the US election on November 5, 2024.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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