Eric Balchunas believes that a Litecoin (LTC) ETF will be approved first next year. HBAR ETFs could also debut because the altcoin isn’t listed as a security. XRP and SOL are termed securities but could also see their ETFs approved in 2025. The approval of altcoin exchange-traded funds (ETFs) in the U.S. could significantly impact cryptocurrency prices, increasing investor access to digital assets. Bloomberg ETF analyst Eric Balchunas predicts that altcoin ETFs for XRP, Litecoin (LTC), Hedera (HBAR), and Solana (SOL) are likely to secure approval soon. In a post on X (formerly Twitter), Balchunas highlighted that the initial wave of altcoin ETFs may include Bitcoin (BTC) and Ether (ETH) combination ETFs, followed by Litecoin ETFs. As a Bitcoin fork, Litecoin qualifies as a commodity, similar to the leading cryptocurrency. We expect a wave of cryptocurrency ETFs next year, albeit not all at once. First out is likely the btc + eth combo ETFs, then prob Litecoin (bc its fork of btc = commodity), then HBAR (bc not labeled security) and then XRP/Solana (which have been labeled securities in pending… pic.twitter.com/29vMdciZxE — Eric Balchunas (@EricBalchuna… The post Altcoin ETFs: XRP, LTC, HBAR & SOL Expected to Join Bitcoin in U.S. Markets appeared first on Coin Edition .
