#LTC&XRPETFsNext? Analysts Think: Dogecoin ETF More Likely Than Solana or XRP Analysts

#LTC&XRPETFsNext?

Analysts Believe: Dogecoin ETF More Likely Than Solana or XRP

Analysts James Seyfart and Eric Balkunas evaluated the likelihood of SEC approval of various ETF products. They claimed that a Litecoin fund is the most likely but made some unexpected predictions.

Specifically, they believe Dogecoin is more likely to get approved than Solana or XRP because the SEC will consider the meme coin a commodity. Either way, they expect more clarity and decisions from the SEC soon.

The Security vs. Commodity Debate Will Impact XRP ETFs

Since former SEC Chairman Gary Gensler left the SEC, there has been a surge in new ETF filings. Several new firms are stepping up their efforts to win some popular ETFs, but there are newcomers.

For example, Bitwise has filed for Dogecoin, attempting to create the first meme coin ETF. Analysts James Seyfart and Eric Balkunas have attempted to list the possibilities of ETF approval.