Litecoin Soars to 5-Month Peak as ETF Hype and MEI Pharma’s $100M Treasury Fuel Rally
Litecoin just punched through its highest price since March 2025—and Wall Street’s suddenly paying attention. Two catalysts lit the fuse: swelling ETF speculation and a $100 million treasury injection from MEI Pharma. Here’s why LTC bulls are partying like it’s 2021.
ETF Fever Hits Litecoin
Rumors of a potential Litecoin ETF have traders dumping ‘old economy’ stocks faster than a boomer selling Bitcoin at $60K. The SEC hasn’t blinked yet, but the mere possibility has LTC outperforming 90% of top cryptos this week.
MEI Pharma’s $100M Bet
Meanwhile, biotech player MEI Pharma just parked nine figures in Litecoin’s treasury—because nothing screams ‘stable investment’ like volatile crypto assets. The move sent purists into existential crisis: since when do pharma companies moon-shoot altcoins?
The Bottom Line
Litecoin’s rally proves two things: institutional FOMO is back (with extra leverage), and 2025’s crypto playbook looks suspiciously like 2017’s—just with fancier buzzwords. Will it last? Ask the ETF gods. Or better yet, ask the hedge funds currently repositioning their ‘blockchain exposure’ slides for Monday’s investor call.
Corporate treasuries are pushing prices
MEI Pharma, a publicly traded pharmaceutical company, closed a $100 million private placement at the end of last month to transform itself into a Litecoin treasury firm.
Illia Otychenko, lead analyst at the crypto exchange CEX.IO, feels that MEI Pharma’s treasury buy is the primary driver behind Litecoin’s recent success, more so than ETF rumours or market adoption.
“The 90% odds for Litecoin ETFs have been around since February, when the SEC acknowledged Litecoin ETF filings.
As a result, he feels “the latest talk about strong ETF chances isn’t new information but rather a reminder that added to existing momentum.”
But the recent MEI Pharma investment, in his eyes, could open the door for Litecoin to benefit from future corporate treasury investment, with the practice booming as of late as more and more firms are morphing into crypto investment vehicles.
