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Litecoin and Hedera ETFs are expected to hit the market before their counterparts in Solana and XRP, according to a recent prediction made by Bloomberg analysts. This forecast is based on the fewer regulatory hurdles that these digital assets face.
It has been observed that Bitcoin-Ethereum combination ETFs have already shown significant success, which could lead to a phased rollout of other cryptocurrency ETFs. According to the analysts, this could include Litecoin and Hedera funds initially.
The Bloomberg team highlights the difficulties faced by Solana and XRP due to unresolved legal issues and unclear regulatory stances from the Securities and Exchange Commission (SEC). The ongoing lawsuit involving Ripple (XRP) could potentially lead to a delayed approval for these ETFs.
Source: www.crypto-news-flash.com
