The analysis company Solana (SOL) and Litecoin (LTC) shared their expectations! Long or Short?

Bitcoin (BTC) and Ethereum (ETH) have led to a series of applications for many altcoins following their ETF approval in the USA.

Among these, XRP, Solana (SOL) and Litecoin (LTC) are expected to have the highest likelihood of approval among altcoins, with Solana predicted to be the first to receive approval.

As the altcoin ETF approval is highly anticipated in 2025, K33 analyst stated that investors could turn their ETF expectations into an advantage.

According to a report by The Block, K33 analyst Vetle Lunde recommended a long position for Solana and a short position for Litecoin within the scope of ETF expectations.

Lunde stated that if spot altcoin ETFs are approved, the long SOL and short LTC strategy would be beneficial.

Lunde stated that one of the key dynamics in the approvals of Bitcoin and Ethereum ETFs is the Grayscale effect.

At this point, the analyst stated that Grayscale has a significant role in the potential new ETF additions:

"Unlike XRP and Dogecoin, Grayscale's Solana and Litecoin trusts are traded publicly, making them the most likely altcoins to receive approval."

Lunde stated that Solana's Grayscale trust has minimal risk in terms of liquidity outflows, while the Litecoin trust faces higher risks. "Therefore, after the ETF launch, long SOL and short LTC trading looks appealing."

Additionally, a stock issuance plan has been launched to raise 8.9 million dollars towards the goal of acquiring 1,000 Bitcoin in the K33 treasury.

*It is not investment advice.

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