On November 26, Bloomberg ETF analyst James Seyffart pointed out that approval decisions for altcoin ETFs such as SOL, XRP, LTC and HBAR may extend until the end of 2025. Unlike the approved Bitcoin and Ethereum ETFs, these altcoins lack support from CME's regulated futures markets. Although WisdomTree and 21Shares have submitted XRPETF applications, current regulations still do not allow them to be listed until compliance issues such as market manipulation and custody are resolved. Seyffart also said that the new SEC leadership may be more friendly to cryptocurrencies in 2025, and may allow ETF products to add pledge functions by then.