The crypto ETF landscape is heating up, and Litecoin appears to be leading the charge. With Nasdaq submitting 19b-4 filings for both Litecoin and XRP ETFs, Bloomberg analysts predict that LTC is more likely to be approved than other digital assets like DOGE, SOL, and XRP.
Political Shifts and the Growing ETF Race
With Donald Trump back in office, the U.S. government has signaled a more crypto-friendly stance, accelerating ETF applications across multiple digital assets. Last year’s approvals of Bitcoin and Ethereum spot ETFs set a precedent, and asset managers such as CoinShares, Bitwise, and Canary Capital are aggressively pushing forward new filings.
Polymarket data shows that approval odds for Litecoin ETFs have surged from 42% in January 2025 to over 80% today, reflecting shifting sentiment among investors. Cboe BZX Exchange recently filed proposals for XRP ETFs, further expanding the list of potential approvals.
Commissioner Hester Peirce, known for her pro-crypto advocacy, now oversees a new crypto task force that is responsible for clarifying which digital assets qualify as securities or commodities.
While the market waits for regulatory clarity, experts predict that Litecoin’s well-defined status and institutional interest give it the strongest chance at ETF approval. If approved, it could pave the way for other digital assets to follow, marking a significant step forward for mainstream crypto adoption.
Litecoin’s Regulatory Edge Sets It Apart
One of the biggest advantages of Litecoin over other altcoins is that the Commodity Futures Trading Commission (CFTC) classified it as a commodity in a recent KuCoin lawsuit. Unlike XRP, which remains entangled in legal battles with the SEC, Litecoin’s regulatory clarity strengthens its ETF approval case.
Bloomberg ETF analysts James Seyffart and Eric Balchunas have evaluated the approval odds for various crypto ETFs. They have placed Litecoin at 90%, the highest of the group.
Meanwhile, Dogecoin follows at 75%, Solana at 70%, and XRP trails at 65%, largely due to its ongoing legal uncertainty.
