TechFlow, Sept 30 — According to The Block, Bloomberg senior ETF analyst Eric Balchunas recently stated that the approval probability for Litecoin, Solana, and XRP ETFs has reached 100%. This assessment is based on the SEC's newly approved universal listing standards, which invalidate the previous 19b-4 filing process and significantly streamline approvals. Under the new rules, the review period could be reduced from 240 days to 75 days.
Analysts expect over 100 cryptocurrency ETFs could launch within the next 12 months. Several exchanges have already withdrawn their previously submitted 19b-4 filings, making new product launches "imminent."
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