PANews reported on February 1 that according to Fortune, James Seifart, an expert analyst at Bloomberg ETF, said that there are currently a variety of altcoin ETF applications submitted, including SOL, DOGE, LTC, etc. But he warned not to be too optimistic at the moment. Although the XRP ETF is likely to be approved in 2025, other cryptocurrency ETFs may go first, and he specifically mentioned Litecoin. The SEC's ongoing lawsuit involving XRP claims that the cryptocurrency is a security and prohibits it from obtaining ETF approval. "There is more work to be done in this regard, and the likes of Litecoin do not." Therefore, the LTC ETF is likely to be launched before the XRP ETF.