Bloomberg analyst: LTC ETF may launch before XRP

On February 1st, Bloomberg ETF expert analyst James Seifart stated that multiple counterfeit products ETF applications have been submitted, including SOL, DOGE, LTC, etc. However, he warned not to be too optimistic at the moment. Although the XRP ETF may be approved in 2025, other cryptocurrency ETFs may take the lead, and he specifically mentioned Litecoin. The SEC's ongoing lawsuit involving XRP claims that the cryptocurrency is a security and prohibits it from obtaining ETF approval... "More work needs to be done in this area, while Litecoin and the like do not need it." Therefore, the LTC ETF may be launched before the XRP ETF.