The next CryptocurrencyETF isn't SOL? Bloomberg analysts: HBAR, LTC are expected to be listed first next year.

Bloomberg analyst Eric Balchunas predicts that a combination ETF of BTC and Ethereum may be the first to be listed next year, followed by LTCcoin and HBAR. As for XRP and Solana, their legal status is yet to be determined, so further review may be required after the new management of the United States Securities and Exchange Commission (SEC) takes office. (Summary: The size of the US BTC ETF officially surpasses that of the gold ETF, subverting the gold's 20-year dominance) (Background: ETH hits $4100, the highest in 3 years! Analyst: It is expected to break $5000 next year, and Ethereum ETF opening stake is the key) Today (18th), Bloomberg analyst Eric Balchunas stated on X that a wave of Cryptocurrency ETFs will be launched next year, although not all at once. Balchunas said that the most likely to be launched first is a combination ETF of BTC and Ethereum, followed by a LTCcoin ETF (as LTCcoin is a fork of BTC and is considered a commodity), followed by HBAR (as it has not been defined as a security), while XRP and Solana may need to wait for the new management of the United States Securities and Exchange Commission (SEC) to seriously consider. Source: X Cryptocurrency ETF application progress Currently, the applications for BTC + Ethereum ETF from Hashdex, Franklin, and Bitwise are expected to be the next batch of approved Spot Cryptocurrency ETFs. The situation of LTCcoin and HBAR is currently more special. LTCcoin is a fork of BTC, which makes it possible for the SEC to consider it as a commodity asset. So far, the SEC has not defined LTCcoin or HBAR as securities anywhere, which is a potential advantage for their approval. However, for other Cryptocurrency projects, the issue of the security status of related Tokens is still an unresolved legal dispute. Canary becomes the only applicant Currently, Canary is the only issuer that has submitted applications for LTCcoin or HBAR ETFs. Although the chances of approval for LTCcoin and HBAR are higher compared to other Cryptocurrency ETFs, whether there is sufficient investment demand in the market is still unknown. Bloomberg analyst James Seyffart previously stated in an article in October that issuer Canary applied for a Ripplecoin (XRP) Spot ETF and also submitted an application for a Litecoin (LTC) Spot ETF to the SEC. Related reports: The size of the US BTC ETF officially surpasses that of the gold ETF, subverting the gold's 20-year dominance ETH hits $4100, the highest in 3 years! Analyst: It is expected to break $5000 next year, and Ethereum ETF opening stake is the key VanEck 2025 Top 10 Predictions: BTC reaches mid-term peak in Q1 next year, Solana Spot ETF gets approved, DeFi reaches new highs.. <The next Cryptocurrency ETF is not SOL? Bloomberg analyst: HBAR, LTC may be listed first next year> This article was originally published on BlockTempo, the most influential Blockchain news media in the Block Zone.