The probabilities of a Fund quoted in Exchange (ETF) of Litecoin (LTC) were used to live in the coming months increased to more than 90% with Dogecoin (Doge) the following to 75% probabilities, James Seyffart said in an X post post X ..
Seyffart made similar predictions for Bitcoin ETF (BTC) before the products were made live in 2024. Several suppliers have presented ETF for several important tokens in the last year under the Biden administration at low interest from the stock exchange and stock United States values ​​(SEC).
LTC increased 15% in the last 24 hours, exceeding a 2% increase in Bitcoin (BTC), with 6%.
However, a changing regulatory climate has driven the hopes of approval, however, the SEC is already passing the initial controls of certain tokens in recent weeks.
“We are presenting probabilities of relatively high approval in all areas. Mainly focused on Litecoin, Solana, XRP and Dogecoin for now, “said Seyffart by Bloomberg Intelligence.” The great implications/expectations in these probabilities are that the presentations are recognized. Probably this week for XRP and Dogecoin. “
“The chances of everything on this list, from perhaps Litecoin, would have been very low if the Democrats still had control,” Seyffart added. The ETF Prospectives of Litecoin could see tickets of up to $ 580 million if investors adopt them at the same rate as the Bitcoin ETFs, as Coindesk previously reported.
The probabilities given by the XRP analyst and Sol products are less than 70% on Tuesday. The winds against XRP products come from the possibility of possible appeals in the case of the dry now established against the related company Ripple Labs.
