{"id":20839,"date":"2025-02-01T12:54:24","date_gmt":"2025-02-01T10:54:24","guid":{"rendered":"https:\/\/forklog.com\/en\/xrp-etf-may-follow-litecoin-fund-launch-analyst-suggests\/"},"modified":"2025-02-01T12:54:24","modified_gmt":"2025-02-01T10:54:24","slug":"xrp-etf-may-follow-litecoin-fund-launch-analyst-suggests","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/xrp-etf-may-follow-litecoin-fund-launch-analyst-suggests\/","title":{"rendered":"XRP ETF May Follow Litecoin Fund Launch, Analyst Suggests"},"content":{"rendered":"<p>Exchange-traded funds (ETFs) based on XRP might emerge in the United States by 2025, though the process is complicated by the ongoing lawsuit involving the <span data-descr=\"U.S. Securities and Exchange Commission\" class=\"old_tooltip\">SEC<\/span> over whether Ripple&#8217;s token is a security. This perspective was shared by Bloomberg analyst James Seyffart.<\/p>\n<p><!--more--><\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Bloomberg analyst James Seyffart said that the XRP ETF is likely to be approved in 2025. However, the US SEC is currently involved in a lawsuit involving &#8220;XRP is a security.&#8221; So the Litecoin ETF may appear first because LTC has not been identified as a security.\u2026<\/p>\n<p>\u2014 Wu Blockchain (@WuBlockchain) <a href=\"https:\/\/twitter.com\/WuBlockchain\/status\/1885531091479781629?ref_src=twsrc%5Etfw\">February 1, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>A Litecoin-based exchange product might debut earlier, as the &#8220;digital silver&#8221; has not yet been classified as a security, the expert noted.<\/p>\n<h2 class=\"wp-block-heading\">What Else Is a Priority?<\/h2>\n<p>Among active ETF launch applications, those based on XRP and Solana are leading by a significant margin.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/Kaiko.webp\" alt=\"Kaiko\" class=\"wp-image-250942\"\/><figcaption class=\"wp-element-caption\">Data: <a href=\"https:\/\/research.kaiko.com\/insights\/etf-filing-frenzy\">Kaiko Research<\/a>.<\/figcaption><\/figure>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\n<cite>\u201cCurrently, 35 applications for spot ETF launches have been submitted. They range from converting closed trusts into spot funds to more ambitious initiatives, including creating ETFs based on newly issued meme coins,\u201d Kaiko analysts explained.<\/cite><\/p><\/blockquote>\n<p>On January 31, the firm 21Shares <a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/2054247\/000121390025008848\/ea0229226-s1_21shares.htm\">filed an application<\/a> to launch a spot exchange-traded fund based on Polkadot. The product is expected to trade on the Cboe BZX exchange, with Coinbase Custody serving as custodian. <\/p>\n<p>Earlier, Tuttle Capital Management <a href=\"https:\/\/forklog.com\/en\/news\/tuttle-capital-seeks-approval-for-memecoin-etfs-including-trump-and-melania\">submitted<\/a> a proposal to the SEC to register ten 2x leveraged crypto-ETFs, including those based on meme coins <a href=\"https:\/\/forklog.com\/en\/news\/what-to-know-about-donald-trumps-memecoin-surge-supply-and-industry-impact\">TRUMP<\/a> and <a href=\"https:\/\/forklog.com\/en\/news\/melanias-meme-coin-leaves-traders-pining-for-gary-gensler\">MELANIA<\/a>.<\/p>\n<p>Other products are based on XRP, Solana, Litecoin, Bonk, BNP, Cardano, Chainlink, and Polkadot.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Exchange-traded funds (ETFs) based on XRP might emerge in the United States by 2025, though the process is complicated by the ongoing lawsuit involving the SEC over whether Ripple&#8217;s token is a security. This perspective was shared by Bloomberg analyst James Seyffart.<\/p>\n","protected":false},"author":1,"featured_media":20838,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[569,209,1461,112],"class_list":["post-20839","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-etf","tag-litecoin","tag-polkadot-dot","tag-ripple"],"aioseo_notices":[],"amp_enabled":true,"views":"26","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/20839","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=20839"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/20839\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/20838"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=20839"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=20839"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=20839"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}