Bloomberg Analyst Shares Timeline On SOL, XRP, LTC, HBAR ETFs’ Approval

Quick Summary:

Bloomberg Analyst James Seyffart has outlined potential timelines for the approval of Solana (SOL), XRP, Litecoin (LTC), and Hedera (HBAR) exchange-traded funds (ETFs).

As regulatory discussions gain traction in the United States, Seyffart predicts that decisions on these altcoin ETFs may extend into late 2025, depending on various factors.

Seyffart also noted that even though firms like WisdomTree and 21Shares have recently applied for XRP ETFs, the current regulations do not permit their launch.

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Article Details

Author / Journalist: Kelvin Munene Murithi

Category: Crypto

Markets: IndiaUnited States

Topics: 24/7 Cryptocurrency News US SEC Chair Bitcoin XRP ETF Regulation News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-25 @ 20:04:11 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 662 words

Reading Time: 4 minutes read

Sentences: 34 lines

Sentence Length: 20 words per sentence (average)

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Copyright Owner: © CoinGape

News ID: 23843739

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