Bloomberg senior ETF analyst: The approval probability of the ETFs for Litecoin, Solana, and XRP has reached 100%.

According to ChainCatcher news and The Block report, Bloomberg's senior ETF analyst Eric Balchunas recently stated that the approval probability for Litecoin, Solana, and XRP ETFs has reached 100%. This judgment is based on the SEC's latest approval of a general listing standard, which renders the original 19b-4 application process invalid and significantly simplifies the approval process. Under the new regulations, the approval time can be reduced from 240 days to 75 days. Analysts expect that more than 100 crypto assets ETFs may be launched in the next 12 months. Currently, multiple exchanges have withdrawn their previously submitted 19b-4 application documents, and the launch of new products "could happen at any time."