XRP & Litecoin Price Prediction Following ETF Approval
Several prominent firms have been jumping into the ETF market. Cryptocurrency exchange-traded funds (ETFs) have been growing in popularity. More recently, prominent asset manager Grayscale submitted a filing with the US Securities and Exchange Commission (SEC). The firm intends to convert its $16.1 million XRP trust into an ETF. Amidst this, an ETF filing that made headlines was Litecoin (LTC). The real question is which cryptocurrency will get approval first. Also Read: 1,000+ USAID Staff Fired After Refusing Musk’s D.O.G.E. Team Secure Access XRP vs Litecoin: Which Asset Will Get An Approval? Source: Bitget Considering the current state of the government, both these assets will likely garner a green signal. According to a Bloomberg analyst, the chances of a Litecoin ETF snagging approval from the SEC before Ripple’s XRP were higher. James Seyffart pointed out how the SEC continues to assert that XRP is a security, which might prevent ETFs based on the cryptocurrency from receivi...