Author: Ben Strack, Blockworks; Compiled by: Deng Tong, Golden Finance

The app you use to bet on Super Bowl will not provide the odds of which cryptocurrency ETFs will be listed in 2025.

To this end, many people have turned their attention to Bloomberg intelligence analysts James Seyffart and Eric Balchunas – a pair that provided trustworthy for X users before Bitcoin and Ethereum ETFs were approved last year. sound.

They say the Litecoin ETF is the leader in launching this year—the probability is 90%.

In addition to LTC products, Seyffart and Balchunas also give a 75% chance of Dogecoin ETF being approved in 2025. Then, the probability of Solana and XRP ETFs dropped slightly to 70% and 65% respectively.

No matter what, the views of some people on Bloomberg are consistent with what we hear.

I have written articles about these documents intermittently, but let me remind you about the thoughts here.

SEC has not labeled LTC and DOGE as securities before—it is a good thing if they want to end up being classified as such ETFs. The agency also acknowledged the Litecoin application. This is another good sign because we have seen (before that) fund managers withdraw products that the SEC is not ready to consider.

Seyffart is expected to be further confirmed this week.

As for assets that Balchunas and Seyffart believe are slightly less likely to enter the U.S. ETF this year, SOL has been regarded as a securities in several SEC lawsuits. Regulators appealed Ripple last month.

Ripple Chief Legal Officer Stuart Alderoty said in a January X post that he expected “rediscussing the already failed argument” could be “abandoned by the next session.”

Even so, Bitwise general counsel Katherine Dowling warned that the SEC would be in “purgatory state” until the agency chair nominee Paul Atkins is confirmed. She noted that court cases won’t go away overnight—“shouldn’t go away.”

SEC Commissioner Hester Peirce confirmed last week: "It will take time to determine how to best untie all of these issues, including ongoing litigation."

Dowling added that DOGE Not part of the "Dolphin in the Fish Net" - an asset whose securities are not well-known (due to claims from the SEC).

SoWhy are LTC and DOGE ETFs not 100% chances of winning? There is almost nothing for sure (you know the mantra of death and taxation).

ETF.com's Sumit Roy told me last month that "SEC remains cautious about market manipulation and custody risks that apply to all cryptocurrency ETFs."

SEC The 240-day ruling period for the Litecoin proposal expires in early October.