Bloomberg Analyst Predicts Potential Approval Timeline for Altcoin ETFs

Quick Summary:

The approval of altcoin exchange-traded funds (ETFs) like Solana (SOL), XRP, Litecoin (LTC), and Hedera (HBAR) remains uncertain.

Bloomberg analyst James Seyffart suggests decisions could extend into late 2025.

Regulatory challenges and market constraints are the primary reasons for the delay.The U.S.

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Article Details

Author / Journalist: Sindhu

Category: Crypto

Markets: United Arab Emirates

Topics: Altcoins ETFs SOL SEC Market News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-26 @ 08:10:51 (13 hours ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 286 words

Reading Time: 2 minutes read

Sentences: 34 lines

Sentence Length: 9 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 23886616

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Official Website: thenewscrypto.com

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