XRP ETF dreams on hold thanks to the SEC, Litecoin and DOGE step up

• Bloomberg ETF analyst James Seyffart highlights Litecoin as the top contender for ETF approval, with a 90% chance.
• Dogecoin and HBAR also show strong potential, benefiting from clear regulatory standing.
• XRP’s ETF approval remains uncertain due to ongoing legal battles with the SEC but is expected to gain approval eventually.

Bloomberg ETF analyst James Seyffart believes Litecoin has the highest probability of securing approval for a spot ETF, among all altcoins. 

Seyffart shared this perspective in a recent discussion on the Thinking Crypto podcast, giving it an impressive 90% chance.

Why Litecoin Leads the Pack

According to Seyffart, Litecoin stands out with an impressive 90% chance of getting approved. 

The key reason is Litecoin’s strong position with the SEC, particularly with the Division of Trading and Markets and the Division of Corporate Finance. This makes Litecoin a frontrunner in the race for ETF approval among altcoins.

Other Altcoins with Strong Prospects

Seyffart also highlighted several other altcoins that show promise in securing ETF approval. Dogecoin has a relatively high chance of approval as well due to its clear status…

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