The SEC's recent delay in ruling on a proposed US litecoin ETF has not dampened optimism among crypto issuers, who are continuing to file for new ETFs. Analysts from Bloomberg Intelligence estimate a 90% chance that the SEC will approve litecoin and solana ETFs by 2025, citing that litecoin has not been classified as a security. Similarly, spot solana products also carry a 90% approval probability by year-end. The SEC's recent postponement of a decision on Canary Capital's proposed spot LTC ETF has not deterred interest, as issuers look to introduce ETFs for other cryptocurrencies, including a recent application by VanEck for a BNB ETF. With increasing excitement, more filings are anticipated as firms like Canary strive to capitalize on crypto assets and enhance their product offerings, indicating a strong trajectory of growth in the crypto ETF space despite regulatory hurdles.

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