LTC News: Polymarket Predicts Litecoin ETF Approval Odds for 2025

As the race for cryptocurrency ETF approvals heats up, Polymarket, a leading prediction platform, has released forecasts for the potential approval of ETFs tied to Solana (SOL), Litecoin (LTC), Ripple (XRP), and Dogecoin (DOGE) by 2025. This development comes amid growing interest from major financial institutions in the crypto ETF space, signaling a potential shift in mainstream financial adoption of digital assets.

Polymarket Predicts Odds Of SOL, LTC, XRP, DOGE ETFs Being Approved In 2025

The ETF race has become slightly competitive as several cryptocurrency giants are standing in the queue to receive pending approvals on leading crypto ETF filings. Polymarket, the world’s leading prediction market, has come up with new forecasts for Solana (SOL), Litecoin (LTC), Ripple (XRP), and Dogecoin (DOGE) ETFs. Several banking giants have lately been showing immense interest in the ETF domain. To tempt seasoned investors in the guise of traditional ETFs, such crypto ETFs are a modern solution intended to revamp an investor’s portfolio in recent times. In this wake, giants like Canary, Bitwise, and many more have filed for a variety of new crypto ETFs, creating a credible buzz in the market. Polymarket maintains an 89% probability of Solana ETF approval.

Grayscale Submits ETF Filings for Litecoin and Solana

This week, Grayscale submitted ETF filings for Litecoin and Solana with the SEC. This move is part of Grayscale's broader strategy to expand its cryptocurrency ETF offerings. Additionally, there are rumors suggesting that the SEC may dismiss the Ripple lawsuit, which could have significant implications for the cryptocurrency market.

Litecoin, Bitcoin Cash (BCH), Monero (XMR) Profit as LTC ETF Speculations Lift PoW Sector

Litecoin price hit a 14-day peak of $135 on Friday amid spot LTC ETF approval speculations. The Proof-of-Work sector valuation rose 1% in the last 24 hours, crossing the $2.1 trillion milestone. Bitcoin and Dogecoin trended downwards as PoW investors spread out capital towards Litecoin, Bitcoin Cash, and Monero. Speculations around Litecoin spot ETF approval propelled coins within the Proof-of-Work sector. Technical indicators highlight how LTC, BCH, and XMR prices could move in the days ahead.