KEY POINTS
- Balchunas and Seyffart believe combined $BTC and $ETH ETFs are likely to get approval first
- They believe Litecoin and Hedera ETFs may be more likely to get approved before $SOL or $XRP ETFs
- The legal complexities surrounding Solana and $XRP may delay the ETFs' approval
Bloomberg analysts are expecting that new cryptocurrency exchange-traded funds (ETFs) will get approved by the U.S. Securities and Exchange Commission (SEC) next year as a new Chair is set to replace Gary Gensler.
