Bloomberg ETF analyst James Seyffart advises caution regarding the potential approval of an XRP ETF, despite the growing interest and applications for one. Seyffart believes that an ETF for Litecoin may be approved before XRP due to the ongoing lawsuit against Ripple. He speculates that a change in SEC leadership could lead to the dropping of the lawsuit and pave the way for an XRP ETF, but the timeline for this remains uncertain. In the meantime, Seyffart suggests being cautious about being overly optimistic about the SEC's approval of an XRP ETF.



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