Following the removal of SEC leadership from Gensler, asset managers and ETF sponsors are actively filing applications for altcoin ETFs. One such application has been submitted for Canary and SOL ($132.90) Coin. As the year concludes, Bloomberg experts anticipate a 90% likelihood of LTC ($80.68) ETF approvals, while other cryptocurrencies have a 60-75% chance of receiving similar endorsements.
SOL Coin ETF Approval Expected
In November, many ETF decisions are anticipated. Bloomberg analysts predict a greater than 50% probability that SOL Coin ETFs will gain approval this year. LTC is viewed as almost certain to receive approval, with the U.S.-based SOL Coin ETF potentially benefiting from its structural similarity to the previously approved ETH ($3,137.64) ETF.
The application for the Canary Solana 
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