Bloomberg Analysts Give Highest Odds to Litecoin ETF, Lowest Odds to XRP ETF

Bloomberg’s ETF analysts James Seyffart and Eric Balchunas have published their odds on the likelihood of approval for several crypto ETFs. According to Seyffart and Balchunas, Litecoin ETFs have the highest likelihood (90%) of being approved in 2025, while XRP ETFs have the lowest likelihood (65%) among the analyzed ETF applications. Here’s a quick breakdown:

• Litecoin ETFs: 90% chance of approval in 2025
• Dogecoin ETFs: 75% chance of approval in 2025
• Solana ETFs: 70% chance of approval in 2025
• XRP ETFs: 65% chance of approval in 2025

NEW: @EricBalchunas and I took a look at the filings for spot crypto ETFs. We’re putting out relatively high odds of approval across the board. Mainly focused on Litecoin, Solana, XRP, and Dogecoin for now.

Here’s the table with the odds and some other details: pic.twitter.com/xaXaNXLb0M

— James Seyffart (@JSeyff) February 10, 2025

According to Seyffart, XRP ETFs have the lowest chances of approval in 2025 among the ETF applications they reviewed due to ongoing litigation between Ripple and the SEC (Securities and Exchange Commission). 

It’s our view. That until that WHOLE mess of litigation between Ripple/XRP and the SEC is settled and/or finished or has some sort of expected outcome etc etc — you likely won’t see an ETF. The SEC needs to untangle that mess.

— James Seyffart (@JSeyff) February 10, 2025

Still, 65% odds are nothing to scoff at, so it wouldn’t be too big of a surprise to see XRP ETFs launch this year according to Bloomberg’s ETF analysts.

The chances of altcoin ETFs being approved in the U.S. market have risen tremendously following Donald Trump’s victory in the U.S. elections. According to Balchunas, the odds of XRP, Dogecoin and Solana ETFs gaining approval were below 5% prior to the presidential election.

Litecoin overperforms thanks to ETF speculation – $230 soon?

Litecoin has been a strong performer as of late, gaining 26.4% in the last week despite Bitcoin dropping by 1.5% in the same time period. This rally has propelled Litecoin from the 22nd spot to the 15th spot in the cryptocurrency market cap rankings.

According to the Litecoin price prediction algorithm on CoinCodex, LTC is forecasted to ride its current momentum and peak at a price of $230 in May of 2025. However, this peak is expected to be followed by a price correction which would temporarily bring LTC back below the $100 mark.

Source: https://coincodex.com/article/62829/bloomberg-analysts-give-highest-odds-to-litecoin-etf-lowest-odds-to-xrp-etf/