Litecoin ETF Goedkeuring: XRP & Solana Volgende?

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According to a crypto expert, the approval of a Litecoin ETF is imminent and it could be the next cryptocurrency to take this step. However, XRP and Solana are facing some setbacks, but with the new SEC chair starting on Monday, investors remain optimistic. What does this mean for the future of crypto?

A crypto expert predicts that a Litecoin ETF will soon receive approval, making it the next cryptocurrency to potentially follow suit. On the other hand, XRP and Solana are encountering obstacles, but with the incoming SEC chairman, investors remain hopeful. So, what does this imply for the future of cryptocurrencies?

The U.S. Securities and Exchange Commission is currently reviewing several potential cryptocurrency Exchange Traded Funds (ETFs). If approved, this could significantly impact the prices of the respective cryptocurrencies such as Litecoin, XRP, and Solana.

Currently, Gary Gensler, who was the chairman of the SEC, submitted his resignation a few months ago on Inauguration Day of Trump. Since then, Paul Atkins has taken over as the new chairman. Atkins has a more crypto-friendly stance, leading to optimism about the approval of various crypto ETFs. However, one cryptocurrency is closer to an ETF than another.

Crypto expert positief over goedkeuring Litecoin ETF

According to a senior ETF analyst at Bloomberg, Eric Balchunas, Litecoin currently appears closest to potential approval for an ETF. This week, he shared his findings through a post on X. The SEC, in fact, has provided feedback regarding Canary Capital’s request for a Litecoin ETF.

Based on rumors we’ve been picking up, it appears the Litecoin S-1 filing received comments from the Securities and Exchange Commission (SEC). This seems to support our belief that Litecoin could be the next digital coin approved. However, it’s important to note that a new SEC chair has not yet taken office, which could introduce significant uncertainty.

— Eric Balchunas (@EricBalchunas) January 15, 2025

In his post, Balchunas indicates that the new chairperson may have considerable influence over approval, but it’s a good sign that there’s feedback from the SEC (Securities and Exchange Commission).

Solana ETF’s en XRP ETF’s lopen vertraging op

The DeSolana ETF’s launch has been delayed due to the rejection of Form 19b4. Of course, Gary Gensler still holds the reins, but it certainly adds some delay. It might be easier to get a Litecoin ETF approval since Litecoin is older, simpler, and because it’s clear to the SEC that Litecoin isn’t a security.

With the new chairman, there’s a chance that the approval process may run more smoothly. This also applies to XRP, which has experienced similar delays.

If these cryptocurrency ETFs were approved, it would make cryptocurrencies suddenly more accessible to a large group of traditional investors at a stroke.

Toekomst crypto en alternatieven voor crypto ETF’s

Self-reliant investors who already have a cryptocurrency wallet or prefer managing their own crypto may not rush to buy Crypto ETFs. However, the sector could greatly benefit from potential approval. This impact extends beyond just Litecoin, Solana, and XRP.

People who like to handle their own crypto might not buy a Crypto ETF, but the entire crypto sector could gain significantly if approved. This influence isn’t limited to Litecoin, Solana, and XRP alone.

Some investors look for new cryptocurrency projects in pre-sale, as they have the potential to grow significantly once they are listed on exchanges. Here are three options we’ve gathered for you.

Wall Street Pepe ($WEPE)

Using inside info and market insights, investors on Wall Street take on the big whales collectively with Pepe ($WEPE). By pooling resources from the community, or the WEPE Army, this project offers equal opportunities for everyone to benefit from the insights and strategies, as well as mutual knowledge.

In a short span of time, Wall Street Pepe has managed to attract numerous investors. Today, it even surpassed the milestone of $50 million. While this doesn’t guarantee an immediate explosion after presale, it could potentially be a step in that direction. If you’d like to join the WEPE Army, you can currently buy $WEPE for $0.00036649.

Nu naar Wall Street Pepe

Solaxy ($SOLX)

The new meme coin project, Solaxy ($SOLX), focuses on enhancing the blockchain technology. This project has built its own Layer-2 solution on the Solana network, aiming to assist the main network in addressing scalability, speed, and reliability issues. Additionally, it is a multi-chain token that significantly expands the Ethereum ecosystem as well.

This smart project is interesting for both users and developers of powerful dApps because with this project, developers are more assured about the performance. Currently, the $SOLX token is available during the presale at a price of $0.001602 per coin.

Nu naar Solaxy

Best Wallet Token ($BEST)

Last year, Best Wallet introduced a highly user-friendly and extra secure crypto wallet for mobile devices. However, they’re putting in a lot of effort to expand the ecosystem further. For instance, it has its own decentralized exchange, a physical debit card is on the horizon, and recently, they launched their own token, called the Best Wallet Token ($BEST).

With this app, you can enjoy lower transaction fees and immediately purchase presale cryptocurrencies that are typically only obtainable through presale websites. So, for instance, you can choose to buy $WEPE and $SOLX using this wallet. Currently, you can purchase the $BEST token at $0.023625 per piece.

Nu naar Best Wallet

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2025-01-17 13:42