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- 🎉 The #CandyDrop Futures Challenge is live — join now to share a 6 BTC prize pool!
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Event ends: August 9, 16:00 UTC
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Bloomberg Analyst: SOL, XRP, and other AltCoinETFs may need to wait until the end of 2025 for approval
BlockBeats news, on November 26th, according to Coingape, Bloomberg ETF analyst James Seyffart's latest report pointed out that the approval resolution for AltCoin ETFs such as SOL, XRP, LTC, and HBAR may be extended until the end of 2025. Unlike the approved BTC and ETH ETFs, these AltCoins lack support from CME regulated futures markets. Although WisdomTree and 21Shares have submitted XRP ETF applications, current regulations do not allow them to be listed until issues such as market manipulation and custody compliance are resolved. Seyffart also indicated that the new SEC leadership in 2025 may be more friendly to Cryptocurrency, and by then, ETF products may be allowed to incorporate stake functionality.