Litecoin ETF Leads with 90% Approval Odds While XRP ETFs Lag Behind
Bloomberg analysts have revealed their approval odds for altcoin ETFs. Litecoin ETFs have a 90% chance of approval, while XRP ETFs have the lowest approval odds.
Keep up with what's happening in the crypto world in real-time.
Bloomberg analysts have revealed their approval odds for altcoin ETFs. Litecoin ETFs have a 90% chance of approval, while XRP ETFs have the lowest approval odds.
XRP is stuck in a tight range. Is this the dip worth buying - or just another temporary blip?
The popular crypto wallet now supports XRPL tokens. This allows users to send, receive, and manage tokens issued on the XRP Ledger (XRPL) in addition to the native XRP coin.
The long-running XRP lawsuit has been on the investors' radar with many speculating on its potential impact on the XRP ETF approval approval. However, a top lawyer cleared doubts revealing that the Ripple Vs SEC case is unlikely to impact the approval procedure citing several reasons.
As the old adage goes, there's never a dull moment in crypto. In this vein, the last few months have seen the industry's landscape change dramatically,
Ripple president Monica Long has made a major announcement on her official page on the X social media platform (widely famous as Twitter in the past). This announcement was related to the new strategic partnership of Ripple announced on Monday.
Ripple president Monica Long has made a major announcement on her official page on the X social media platform (widely famous as Twitter in the past). This announcement was related to the new strategic partnership announced by Ripple on Monday.
Ripple is making a major push in global remittances through its latest partnership with Unicâmbio, one of Portugal's leading foreign exchange providers. By integrating Ripple Pay and the XRP Ledger, the collaboration aims to revolutionise money transfers between Brazil and Portugal, a corridor responsible for an estimated $5.3 billion in annual remittance flows.
XRP has faced a significant challenge, experiencing a sharp 25% drop in price within just one week. Although it has made attempts at recovery, the altcoin has yet to fully regain investor confidence.
There's a 90% chance Litecoin ETFs are approved, followed by 75% odds for a dogecoin ETF.
The joint motion may set a precedent for resolving SEC cases, potentially leading to regulatory clarity and proactive policy development. The post Binance, SEC's joint motion signals possible case resolution, Ripple and Coinbase may follow suit appeared first on Crypto Briefing.
Bloomberg ETF analyst James Seyffart says the SEC will officially acknowledge XRP and Dogecoin ETF applications this week. The post SEC Likely to Acknowledge XRP and Dogecoin ETF Applications This Week: Analyst appeared first on Cryptonews.
Eric Balchunas, Bloomberg's senior ETF analyst, and his team have estimated the approval odds of several altcoin ETFs.
The cryptocurrency market is currently trying to bounce back after experiencing a minor dip. Bitcoin is currently trying to rise above the $99,000 levels and is up by more than one percent in the last 24 hours. Cardano has climbed by more than 9% in the last 24 hours and Dogecoin has also gained 4%.
Legal expert Jeremy Hogan speculates on why the U.S. government might include XRP in a potential strategic reserve. Hogan argues that critics focus too much on XRP's decentralization, while the government may view it from an economic standpoint.
XRP price tested the $2.280 zone and recently corrected some losses. The price is now facing hurdles near the $2.50 and $2.60 levels.
Legal expert Jeremy Hogan presented a speculative argument about the potential role of XRP in the United States' digital asset reserve. The suggestion comes at a time when discussions around the government's potential involvement in cryptocurrency assets are gaining traction.
Nasdaq is seeking SEC approval to list the Coinshares XRP ETF, arguing that XRP's deep liquidity and decentralized structure reduce manipulation risks. Nasdaq Seeks SEC Approval for Coinshares XRP ETF The Nasdaq Stock Market LLC has submitted a proposal to the U.S.
NYSE Arca has filed for a Cardano ETF on behalf of Grayscale, which already operates Bitcoin and Ethereum funds—and hopes to launch more.
Ripple's legal battle with the SEC drags on as market watchers eye Paul Atkins' confirmation. Will regulatory clarity boost XRP's price?
Bloomberg ETF analysts Eric Balchunas and James Seyffart have released their latest approval odds for spot altcoin exchange-traded funds (ETFs) in 2025, with XRP receiving the lowest probability.
Analysts James Seyffart and Eric Balchunas assessed the likelihood of the SEC approving various ETF products. They claimed that a Litecoin ETF is most likely but gave a few unexpected predictions.
Ripple expands in Europe, bringing instant, low-cost blockchain payments to Portugal and revolutionizing transfers on the Portugal-Brazil corridor. Ripple's European Footprint Grows—First Ever Launch of Its Payments Solution in Portugal Ripple announced a partnership with Unicâmbio, a Portuguese currency exchange provider, on Feb.
Top ETF analysts envision an uncertain future for the XRP ETF prospects due to the asset's troubled history under the previous SEC leadership.
