LTC and the Future of Crypto ETFs: SEC’s Mixed Signals on Bitwise 10 Approval
In a rollercoaster regulatory move, the SEC initially granted conditional approval to Bitwise's groundbreaking 10 Crypto Index ETF on July 25, 2025, only to impose a stay hours later under Rule 431—a procedural mechanism signaling internal dissent. This decision mirrors the hesitation seen earlier this year with Grayscale's Digital Large Cap ETF, casting uncertainty on the SEC's stance toward crypto adoption. The Bitwise 10 ETF, designed to track a diversified basket of top cryptocurrencies, represents a significant milestone for institutional crypto exposure. While the approval would have marked a major step forward for the asset class, the subsequent pause highlights the ongoing tension between innovation and regulation in the digital asset space. This development could have Ripple effects across the crypto market, including assets like LTC, as investors gauge the likelihood of broader ETF approvals. The SEC's cautious approach suggests that while progress is being made, full-throated endorsement of crypto investment vehicles may still face hurdles. Market participants will be closely watching for further clarity from the SEC, as these decisions could set precedents impacting the entire digital asset ecosystem.
SEC Grants Conditional Approval to Bitwise 10 Crypto Index ETF Before Imposing Stay
The SEC's Division of Trading & Markets approved Bitwise's pioneering multi-crypto ETF on Tuesday, only for the agency to halt the decision hours later under Rule 431—a procedural mechanism indicating internal dissent. The move echoes the regulatory hesitation seen with Grayscale's Digital Large Cap ETF earlier this year, raising questions about the SEC's stance on crypto adoption.
The Bitwise 10 ETF would track a market-cap-weighted basket of major cryptocurrencies, with Bitcoin (BTC) dominating at 78.72% and Ethereum (ETH) at 11.10%. XRP (4.97%) and Solana (SOL) (3.03%) comprise the next tier, followed by smaller allocations to Cardano (ADA), Sui (SUI), chainlink (LINK), Avalanche (AVAX), Litecoin (LTC), and Polkadot (DOT). Coinbase Custody and Bank of New York Mellon were slated to handle asset custody and fiat operations, respectively.
Market observers note a troubling pattern of "approval-with-hesitation" from regulators. As Nate Geraci of Novadius Wealth Management observed: "This approval order is stayed—just like Grayscale's." The tweet from BullrunnersHQ claiming SEC approval for an XRP-specific ETF appears premature, given the broader regulatory freeze.
Litecoin Holds Steady Above $113 Amid Neutral RSI Signals
Litecoin (LTC) demonstrates resilience, trading at $113.03 despite a modest 1.45% daily decline. The cryptocurrency's Relative Strength Index (RSI) at 68.11 indicates neutral momentum, leaving room for potential upward movement. Technical analysis reveals underlying bullish strength, with the MACD line at 7.1925 maintaining a comfortable lead over the signal line at 5.5010.
Market activity appears driven by technical factors rather than fundamental catalysts, as no significant news events have emerged recently. This environment favors traders relying on chart patterns and indicators, with Litecoin's key resistance level looming at $122. The current pullback reflects typical consolidation after recent gains rather than a shift in market sentiment.
Why DeSoc Could Dominate The Crypto Space In 2025 Over Tron And Litecoin
Tron and Litecoin, long-standing pillars of the crypto ecosystem, face a formidable challenger in DeSoc. Powered by the $SOCS token, DeSoc is redefining blockchain utility with built-in monetization, governance, and cross-platform integration. While TRON has established itself as a developer-friendly blockchain with consistent DApp activity, its growth appears stagnant compared to DeSoc's innovative approach to social interoperability and creator economics.
TRX's performance remains a topic of debate among analysts. Despite reaching an all-time high of $0.44 in December 2024, the token struggles to break the $1 barrier. Some predict a rebound to $0.40, while more optimistic voices envision $2. Yet, Tron's legacy status may work against it as DeSoc gains traction with next-generation solutions.
Can Litecoin (LTC) Break $140? MACD and RSI Hint at Continued Bull Run
Litecoin (LTC) maintains bullish momentum as technical indicators signal potential for further gains. The Relative Strength Index (RSI) at 68.43 approaches overbought territory, while the Moving Average Convergence Divergence (MACD) remains firmly positive. Trading volumes surged 19.83%, propelling LTC toward the $120 resistance level.
Market dynamics show a 9.19% decline in spot open interest, suggesting a shift toward organic spot-market demand. The cryptocurrency currently trades at $113.40 with a $1.21 billion 24-hour volume, despite a 2.91% daily dip. Weekly gains stand at 12.15% as LTC's $8.63 billion market cap demonstrates resilience amid Bitcoin's consolidation phase.
Key resistance at $120 remains the immediate target, with $140 emerging as the next psychological threshold. Sustained support above $110 could fuel the next leg upward. The broader crypto market's neutral stance hasn't dampened Litecoin's distinctive upward trajectory.