🔵Bloomberg ETF analyst James Seyffart believes Litecoin has the highest chances of being approved for a spot ETF among altcoins. Speaking on the Thinking Crypto podcast, he estimated a 90% approval probability, citing Litecoin’s favorable status with the SEC, particularly within the Division of Trading and Markets and the Division of Corporate Finance.
🔵Dogecoin and HBAR are also seen as strong candidates. Dogecoin benefits from a clear regulatory status, while HBAR enjoys support from the SEC’s corporate division.
🔵XRP, despite its potential for future approval, faces legal challenges due to the ongoing lawsuit between Ripple and the SEC.