Litecoin, Dogecoin Lead ETF Race | Airdrop Alert Pro

Analysts James Seyffart and Eric Balchunas evaluated the possibility of the SEC approving various ETF products. They claim that the Litecoin ETF is most likely, but give some unexpected predictions.

Specifically, they think Dogecoin is more Solana or XRP, because the SEC will treat meme coins as commodities. Either way, they hope that it will be clearer and SEC action soon.

Security and Commodity Debate Will Impact XRP ETF

since Former Chairman Gary Gensler Leaving the SEC, there is one The surge in new ETF applications. Several new companies are intensifying their efforts to win some popular ETFs, but there are newcomers.

For example, Bitwise applied for a Dogecoinattempt to create the first meme coin ETF. Analysts James Seyffart and Eric Balchunas attempted to list ETF approval odds.

Previously, Seyffart and Balchunas Predicting that Litecoin ETF is likely to beWhen the SEC, their case was strengthened Confirm the relevant 19b-4 registration. It’s not surprising that they decided to rank it by a lead. Since the network is a Bitcoin fork, Litecoin may have been considered a commodity.

Therefore, Litecoin has regulatory clarity, making its odds stronger. What’s even more surprising is that although most communities believe Solana ETF as a strong competitoranalysts are ranked higher. Seyffart explained:

“The significant implications/expectations of these odds are: 1. Filing will be recognized. XRP and Dogecoin’s week are likely. 2. SEC and Commissioner Peirce’s crypto task force will unravel some Safety The impact of commodities related to litigation by the end of 2025. ” Seyffart claimed.

Specifically, Hester Peirce’s new crypto task force Classify it as more crypto and merchandise. This will significantly relax regulatory scrutiny and may place it within the jurisdiction of the CFTC.

This will help Litecoin and Dogecoin, but not Solana. Also, Seyffart SEC Still Fighting in Legal Struggle with Ripplechances of damage to XRP ETFs. The entire lawsuit is based on whether XRP is safe or commodity.

So, until formally dropping, the possibility of an XRP ETF may be less.

Still, no matter what happens, Seyffart and Balchunas believe that the SEC will soon start acknowledging more ETF applications. Grayscale Established Dogecoin Trust Recently, just Filed For the first Cardano ETF ever.

The industry is eagerly awaiting approval of the new Altcoin ETF and the committee will need to address this growing concern. At the moment, it looks optimistic.