Litecoin

Solana

Hedera

James

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/litecoin-and-hedera-etfs-may-get-approved-soon" data-wpel-link="internal">Litecoin and Hedera ETFs May Get Approved Soon</a><br></p>
<p style="text-align: justify">Bloomberg’s Eric Balchunas and James Seyffart have voiced expectations that the approval of Litecoin and Hedera ETFs could precede those for <a href="https://en.bitcoinhaber.net/bitcoin-price-hits-new-heights-as-trends-shift" data-wpel-link="internal">Solana</a> and <a href="https://en.bitcoinhaber.net/exploring-xrp-clawbacks-impact-on-corporate-investment-and-coin-value" data-wpel-link="internal">XRP</a>. Their analysis highlights the underlying factors that could influence these developments in the cryptocurrency ETF sector.</p> 
<h2 id="what-are-the-predictions-for-litecoin-and-hedera">What Are the Predictions for Litecoin and Hedera?</h2> 
<p style="text-align: justify">In a recent statement shared on X, Balchunas indicated that his team anticipates the successful launch of Litecoin and Hedera ETFs ahead of their Solana and XRP counterparts. He suggested a potential surge in cryptocurrency ETF approvals within the next year, while cautioning that such approvals might not happen all at once.</p> 
<h2 id="what-legal-issues-impact-solana-and-xrp">What Legal Issues Impact Solana and XRP?</h2> 
<p style="text-align: justify">Seyffart pointed out that the approval path for Solana and XRP ETFs is hindered by intricate legal dilemmas regarding their security classification, which the SEC’s new leadership must address. Ongoing legal disputes, particularly between <a href="https://en.bitcoinhaber.net/xrp-price-challenges-key-resistance-points" data-wpel-link="internal">Ripple</a> and the SEC concerning XRP, further complicate the situation.</p> 
<p style="text-align: justify">Canary Capital stands as the only asset manager pursuing ETFs for Litecoin and Hedera, raising doubts about market demand for these offerings. In contrast, firms like Bitwise, 21Shares, and WisdomTree are actively filing for XRP ETFs, while Grayscale, VanEck, and Bitwise work on Solana ETF applications.</p> 
<ul> 
 <li>Approval likelihood favors Litecoin and Hedera due to lesser legal hurdles.</li> 
 <li>High demand is crucial for successful ETF launches.</li> 
 <li>Legal challenges remain significant for Solana and XRP.</li> 
</ul> 
<p style="text-align: justify">The dynamics surrounding cryptocurrency ETFs continue to evolve, with legal challenges playing a pivotal role in shaping the landscape. Observers will need to monitor the regulatory environment closely as these developments unfold.</p> 
<h5><span style="font-weight:bold;font-size:16px">Continue Reading: </span> <a href="https://en.bitcoinhaber.net/litecoin-and-hedera-etfs-may-get-approved-soon" data-wpel-link="internal">Litecoin and Hedera ETFs May Get Approved Soon</a></h5>

Litecoin and Hedera ETFs May Get Approved Soon

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