Litecoin ETF Approval Odds Hit 80%: How Will It Impact LTC Price?
The Litecoin (LTC) community is ecstatic as the likelihood of a spot Litecoin (LTC) exchange-traded fund (ETF) approval surges to 80% on Polymarket. This surge in approval probability—up from 42% in January—has fueled bullish sentiment for Litecoin, often dubbed the “digital silver” to Bitcoin’s “digital gold.”
As a proof-of-work cryptocurrency and a Bitcoin hard fork, Litecoin is widely regarded as a commodity rather than a security, simplifying its path to ETF approval compared to other altcoins like Solana or XRP, which face regulatory hurdles. Such regulatory appeals have stemmed high approval odds for Litecoin ETFs.
Since the beginning of 2025, the push for a Litecoin ETF has gained significant traction, with major financial firms like Canary Capital, Grayscale, and CoinShares filing proposals with the SEC.
Litecoin has already started responding to the ETF buzz, with it breaking above the $100 price mark and surging nearly 30% in the past month. Throughout the month, its trading volume has also seen a significant surge alongside increased network activity. #LTCETFsOnTheHorizon