Next Major Altcoin ETFs: Litecoin, Dogecoin ?
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SUMMARY
The cryptocurrency ETF landscape is evolving rapidly, and two altcoins—Litecoin (LTC) and Dogecoin (DOGE)—could be the next in line for spot ETF approvals. Bloomberg analysts James Seyffart and Eric Balchunas, who accurately predicted the approval of Bitcoin spot ETFs, now suggest that the regulatory environment is more favorable than ever for altcoin ETFs.
Table of Contents
Litecoin ETF: 90% Approval Chance
90%
Projected ETF Inflows: Analysts predict a DOGE ETF could bring in $3 billion to $5 billion within its first year.
Growing Adoption: Over 2,000 merchants worldwide, including Tesla, now accept DOGE as payment.
Whale Accumulation: Large holders have acquired 510 million DOGE since January, demonstrating confidence in its long-term growth.
With DOGE’s current market cap at $37.5 billion, the approval of an ETF could be a major catalyst. Near-term expectations place DOGE around $0.30, but with a successful ETF launch, analysts predict a potential rally to $1
Dogecoin ETF: $5B Inflows & $1 Target
Dogecoin, despite experiencing a 5% dip in the past 24 hours, remains a strong contender for a spot ETF. Bloomberg analysts assign DOGE a 75% chance of approval
Projected ETF Inflows: Analysts predict a DOGE ETF could bring in $3 billion to $5 billion within its first year.
Growing Adoption: Over 2,000 merchants worldwide, including Tesla, now accept DOGE as payment.
Whale Accumulation: Large holders have acquired 510 million DOGE since January, demonstrating confidence in its long-term growth.
With DOGE’s current market cap at $37.5 billion, the approval of an ETF could be a major catalyst. Near-term expectations place DOGE around $0.30, but with a successful ETF launch, analysts predict a potential rally to $1
Opportunity for Miners
Antminer L9 16G: High-Performance Mining
Antminer L9 stands out with multiple hashrate versions. Taking the Antminer L9 16G as an example:
Daily Net Profit: $25.9 (assuming electricity cost of $0.04/KWH)
Current Price: Around $10,000 (Mining machine prices fluctuate, please contact us for exact pricing)
Payback Period: Approximately
Antminer L9 16G is a solid option, especially considering the potential ETF-driven price surges. As LTC and DOGE appreciate in value, mining profits could double, making this an excellent time to secure mining equipment.
However, the Antminer L9 is an optimal choice only if you have sufficient budget, space, and access to low electricity costs. If you are new to mining or looking for a more accessible entry point, we recommend the DG Home 1
ElphaPex DG Home 1: Best for Beginners
experiment with mining without committing to large-scale operations, the ElphaPex DG Home 1 is an excellent option. It is a small, low-noise home miner designed for individual users. Our testing has shown that, in overclocking mode:
Power Consumption: 720W
Hashrate: 2.6G
Daily Net Profit: $4.268 (assuming electricity cost of $0.04/KWH)
Current Price: $1,799
Payback Period:
DG Home 1 is an ideal choice due to its low noise levels and compact size. This makes it perfect for home use while still allowing you to mine LTC and DOGE efficiently.
No matter your mining goals, securing the right equipment before
CONCLUSION
Antminer L9 16G or the compact DG Home 1
FAQs on Next Major Altcoin ETFs
When could the Litecoin and Dogecoin ETFs be approved?
While no official date is set, analysts suggest that the current SEC environment is favorable, and approvals could happen within the next year if regulatory conditions remain supportive.
Is mining LTC and DOGE still profitable?
Yes, especially with current market conditions. With low mining hardware prices and potential ETF-driven price increases, mining now could yield higher long-term returns.
Which miner is better for me, Antminer L9 or DG Home 1?
If you have sufficient space, budget, and low electricity costs, the Antminer L9 16G offers higher profitability.
If you are looking for a quieter, home-friendly option, the DG Home 1 is affordable and beginner-friendly.
