LTC in Focus as SEC Reviews 72 Crypto ETF Applications Amid Market Rally

The U.S. Securities and Exchange Commission (SEC) is actively evaluating 72 cryptocurrency-related exchange-traded fund (ETF) filings, including proposals for Litecoin (LTC), Solana (SOL), Dogecoin (DOGE), and thematic funds. This regulatory scrutiny coincides with a 2% surge in the crypto market, with Bitcoin and Ethereum leading gains. The developments signal growing institutional interest and potential new investment avenues for digital assets.

SEC Reviewing 72 Crypto-Related ETF Applications

The US Securities and Exchange Commission (SEC) is currently reviewing 72 crypto-related exchange-traded fund (ETF) filings, covering assets such as Litecoin (LTC), Solana (SOL), Dogecoin (DOGE), and themed funds. Some proposals include spot ETFs for Solana, Dogecoin, and XRP, as well as Leveraged and inverse products tied to Solana and XRP derivatives.

Crypto Market Jumps Over 2%, Bitcoin and Ethereum Rise

The crypto market has started the week on a bullish note, rising to $2.75 trillion. Bitcoin (BTC) surged past the $85,000 mark and is trading around $87,100. Ethereum (ETH) is also up, trading around $1,630. Ripple (XRP) is trading at $2.10, while Solana (SOL) struggles, trading at $139. Other cryptocurrencies like Litecoin (LTC) and Polkadot (DOT) are also mentioned.

Litecoin (LTC) Poised for Potential 10x Rally

Litecoin has surged over 7% after bouncing from the $65–$70 support zone, backed by a 20% rise in trading volume. Bitcoin’s recent rally past $90,000 has reignited altcoin momentum, positioning LTC for a potential breakout. Chart analysis indicates historical 10x rallies from LTC’s current range, with targets up to $800. Technical signals and market sentiment suggest Litecoin could soon exit its consolidation phase.