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#Which Altcoin ETF Could be Approved First? As of February 10, 2025, the U.S. Securities and Exchange Commission (SEC) has approved exchange-traded funds (ETFs) for Bitcoin and Ethereum. The focus is now shifting towards altcoin ETFs, with several asset managers filing applications for cryptocurrencies such as Solana (SOL), XRP, Litecoin (LTC), and Hedera (HBAR).
Analysts predict that combined Bitcoin and Ethereum ETFs are likely to receive approval first, followed by Litecoin ETFs. The legal complexities surrounding Solana and XRP may delay their ETF approvals.
The recent re-election of President Donald Trump has generated expectations in the crypto sector, leading to a surge in ETF applications. Companies like ProShares and Grayscale have filed for ETFs involving cryptocurrencies such as Solana, XRP, and Litecoin.
In summary, while the exact timeline remains uncertain, industry experts anticipate that Litecoin ETFs may be among the first altcoin ETFs to receive SEC approval, potentially as early as 2025.