Cryptocurrency Exchange-Traded Fund Launch Timing Predictions by Bloomberg Analysts

Litecoin, Hedera ETFs Likely to Arrive Before Solana and XRP, Say Bloomberg Analysts

Bloomberg analysts have recently made a prediction regarding the possible timing of several cryptocurrencies’ exchange-traded fund (ETF) launches. According to their views, Litecoin and Hedera ETFs are more likely to hit the market before Solana and XRP ETFs.

The reasoning behind this assessment is attributed to the lesser regulatory hurdles faced by Litecoin and Hedera, as opposed to Solana and XRP. It’s worth noting that while Litecoin and Hedera may have a smoother road ahead in terms of regulatory approvals, their market demand remains uncertain at this stage.

Litecoin and Hedera ETFs would kick off a phased rollout strategy starting with Bitcoin-Ethereum combination ETFs, which have already shown significant success.

Source: www.crypto-news-flash.com