Bloomberg ETF analyst said that the encryption ETF applications are progressing at different rates, with LTC leading the way

On February 14th, PANews reported that Bloomberg ETF analyst Eric Balchunas said that the progress of multiple Cryptocurrency ETF applications in the market varies, describing that 'most ETFs are still running towards first base, while the Litecoin (LTC) ETF is close to third base'. This comment was made in response to a user's question about the approval schedule for encryption ETFs, showing that LTC ETF may be the fastest in progress among many applications, while other ETFs (such as XRP, SOL, DOGE, etc.) are still in the early review stage. Earlier this week, analysts predicted the probability of LTC, DOGE, SOL, and XRP spot ETF approvals, with LTC reaching as high as 90%.