Bloomberg ETF analysts say that the progress of cryptocurrency ETF applications varies, with LTC leading

ChainCatcher news, Bloomberg ETF analyst Eric Balchunas stated that the progress of several cryptocurrency ETF applications in the market varies, describing that "most ETFs are still running to first base, while the Litecoin (LTC) ETF is nearing third base."

This comment was made in response to a user's question about the approval timeline for crypto ETFs, indicating that the LTC ETF may be progressing the fastest among numerous applications, while other ETFs (such as XRP, SOL, DOGE, etc.) are still in the early review stages.

Earlier this week, it was reported that analysts predicted the approval probabilities for LTC, DOGE, SOL, and XRP spot ETFs, with LTC reaching as high as 90%.