When will the HBAR ETF be approved? XRP ETF and SOL ETF Miss Out! – Bittime

When will the HBAR ETF be approved XRP ETF and SOL ETF Miss Out!

Bittime - When will the HBAR ETF, XRP ETF and SOL ETF be approved? This article discusses the potential approval of crypto ETFs in 2025, focusing on Hedera, XRP, and Solana. Keep reading the review.

News about the approval of a crypto Exchange-Traded Fund (ETF) continues to be in the spotlight. In the latest projections, analysts from Bloomberg predict that a number of new crypto ETFs will receive approval from the United States Securities and Exchange Commission (SEC) in 2025.

However, not all proposed crypto ETFs will receive approval at the same time. Among the candidates most discussed are: ETF Litecoin (LTC), ETF Hedera (HBAR), And ETF Solana (SOL).

However, there are higher expectations that ETFs for Hedera (HBAR) and Litecoin (LTC) will likely take priority. Meanwhile, Solana (SOL) and XRP may lag behind. Keep following this article.

Potential ETF Approval for Hedera and Litecoin

ETF HBAR dan LTC bisa dahului ETF SOL dan XRP

Source: X (@EricBalchunas)

Senior ETF analysts at Bloomberg, Eric Balchunas and James Seyffart, explained that there are several factors that make ETFs suitable Litecoin and Hedera have a greater chance of being approved first.

Litecoin (LTC) is considered a fork of Bitcoin (BTC), which will likely be viewed as a commodity by the SEC, given Bitcoin's recognized status as not a security.

On the other hand, Hedera (HBAR) has never been named as a security by the SEC. This gives Hedera more room to get approval for its ETF.

However, even though these two cryptos have higher odds, there are also concerns regarding market demand for LTC and HBAR ETFs. So far, only Canary Capital who filed an ETF application for Litecoin and Hedera.

Why Are Solana and XRP ETFs More Difficult to Get Approved?

Temporary Litecoin and Hedera predicted to have a greater chance of being approved first, so ETFs for Solana (SOL) and XRP are expected to face greater obstacles. This is because the legal status of these two cryptocurrencies still depends on the SEC decision which is currently in process.

Solana (SOL) and XRP both have been categorized as securities in ongoing lawsuits by the SEC. Ripple, XRP's parent company, is still struggling to resolve this lawsuit, and an unclear decision from the SEC regarding XRP's legal status is a hindering factor to the approval of an XRP ETF.

Likewise with Solana (SOL), which despite its high popularity among investors, is still not free from securities labels which could slow down its ETF approval process.

Because XRP and SOL are embroiled in an ongoing legal dispute with the SEC, they will likely be later on the list of ETFs getting approval.

Although many issuers have proposed ETFs for these two cryptocurrencies, their legal status remains a major challenge.

Why is Crypto ETF Approval Important?

ETFs are one way for investors to get involved in the crypto market without having to buy and manage digital assets directly. With ETFs, investors can buy shares on publicly traded exchanges, which will reflect the price and performance of a particular cryptocurrency, such as Bitcoin, Ethereum, Litecoin, or Solana.

This allows institutional and retail investors to more easily enter the market without having to face the technical challenges of managing crypto wallets or dealing with security risks.

ETFs also provide layers of transparency and higher regulations. This can increase investor confidence and drive the growth of the crypto market as a whole.

With approval from the SEC, ETFs will be able to operate in broader markets, providing greater liquidity and making crypto more affordable for traditional investors.

Conclusion

In projections of upcoming crypto ETF approvals, Litecoin (LTC) and Hedera (HBAR) looks more likely to get the green light first compared to Solana (SOL) and XRP.

Despite this, the entire industry remains hopeful of a more proactive policy from the SEC under new leadership, which will speed up the regulation and approval of crypto products in the future.

FAQ About Crypto ETFs

1. What is a crypto ETF?

A crypto ETF is an Exchange-Traded Fund that allows investors to purchase shares that reflect the performance of a particular crypto without having to purchase the crypto asset directly.

2. Why haven't the Solana (SOL) and XRP ETFs been approved yet?

The Solana (SOL) and XRP ETFs are still hampered by their legal status as securities in ongoing lawsuits with the SEC.

3. Why are Litecoin (LTC) and Hedera (HBAR) more likely to be approved first?

Litecoin is considered a commodity because it is a fork of Bitcoin, while Hedera (HBAR) has not been designated a security by the SEC, giving both a greater chance of getting approval more quickly.

4. What impact will ETFs have on the crypto market?

Crypto ETFs will provide greater transparency and regulation, increase investor confidence, and open access for institutional and retail investors to participate in the crypto market.

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Also, visit the Bittime Blog for interesting updates and educational information about the crypto world. Find reliable articles about Web3, blockchain technology, and digital asset investment tips designed to enrich your crypto knowledge.

Reference

FXEmpire, SOL, LTC, HBAR Price Analysis — Bloomberg’s Top Crypto ETF Picks For 2025, accessed December 19, 2024.

Incl. $LTC, $HBAR ETFs To Get Approved First In 2025 Before $SOL, $XRP?, accessed December 19, 2024.

Author: Y

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