It is the lowest prediction of the four filings reviewed by the Bloomberg ETF analysts. Litecoin (LTC) led with approval odds of 90%, followed by Dogecoin (DOGE) at 75%, and in third place, Solana (SOL) at 70%.

The acknowledgment follows last week's XRP ETF filings wins submitted by Grayscale and 21Shares. This was interpreted as a major step, given that the SEC has

The SEC has officially acknowledged Grayscale’s proposal to convert its XRP Trust into an exchange-traded fund (ETF), a major step in XRP’s regulatory journey. While this doesn’t guarantee approval, it shows there’s more and more recognition of XRP in traditional finance.

XRP was giving up some of its recent gains on Monday, but the cryptocurrency has still gotten a sizable boost from speculation that the Securities and Exchange Commission could approve an exchange-traded fund tracking its price.