LTC News: Bloomberg Analysts Give Litecoin ETF 90% Approval Odds in 2025
Download App for Android | Download App for iOS |
According to Bloomberg analysts, Litecoin stands a 90% chance of securing SEC approval for an ETF in 2025, surpassing other cryptocurrencies like Solana, Ripple, and Dogecoin in regulatory approval odds. Could this be a game-changer for Litecoin's future?
Litecoin ETF Approval Odds Reach 90%, Analysts Say
Bloomberg analysts estimated a 90% chance of SEC approval for a Litecoin ETF in 2025, putting Litecoin ahead of other contenders like Solana, Ripple, and Dogecoin in regulatory approval odds. Created in 2011 as a faster and more scalable alternative to Bitcoin, Litecoin could soon see a spot ETF approved by the SEC.
Top 3 Cryptocurrencies That Could Get ETFs Soon
Cryptocurrency-based ETFs have led to the adoption of the emerging asset class by many financial institutions. The US SEC recently approved Bitcoin and Ethereum ETFs, paving the way for other cryptocurrencies to potentially follow. Litecoin (LTC) is among the top candidates that could soon get its own ETF, joining the ranks of BTC and ETH.
Litecoin (LTC) in Focus: Can the Altcoin Surge in February 2025?
Litecoin (LTC), one of the earliest cryptocurrencies, has been sidelined in recent years but is now making a comeback. The approval of a Litecoin exchange-traded fund (ETF) has put LTC under the spotlight, raising questions about its potential surge this month. Despite a recent price drop after a 10% rally, the altcoin remains in the spotlight for its possible upside.