Litecoin ETF Nears Reality: Analyst Puts Approval Chances at 90%
Wall Street’s crypto craving might soon get another fix—this time with Litecoin. A prominent analyst just slapped a 90% probability on the SEC greenlighting a LTC exchange-traded fund, signaling a potential gold rush for the silver-to-Bitcoin’s-gold narrative.
The ETF Hunger Games
After Bitcoin and Ethereum ETFs stormed the market, altcoins are elbowing for their spot in the institutional spotlight. Litecoin—often dismissed as a ’ghost chain’ by maximalists—could be next in line for the ETF treatment, proving even legacy alts can play the Wall Street game.
Regulatory Roulette
The SEC’s approval would mark a watershed for Litecoin, though cynics note regulators only warm to crypto when banks figure out how to skim fees off it. Either way, traders are already front-running the news—because nothing screams ’efficient markets’ like gambling on bureaucratic paperwork.