Big news about cryptocurrency investments! The US government agency that checks on investments (SEC) recently pushed back the dates for deciding on some new cryptocurrency funds called ETFs. Think of ETFs like special baskets holding different cryptocurrencies, making it easier to invest.
- Several companies wanted to create ETFs for different cryptocurrencies like Dogecoin (DOGE), Litecoin (LTC), Solana (SOL), and XRP.
- The SEC delayed their decisions, but experts think these funds still have a good chance of being approved.
- This delay is normal, says a financial expert.
| Cryptocurrency | Chance of ETF Approval (Expert Prediction) |
|---|---|
| Litecoin (LTC) | 90% |
| Dogecoin (DOGE) | 75% |
| Solana (SOL) | 70% |
| XRP | 65% |
