Litecoin ETF Has 90% Chance Of SEC Approval In 2025, Say Analysts
Bloomberg ETF analysts James Seyffart and Eric Balchunas estimate a 90% chance that the U.S. SEC will approve a spot Litecoin (LTC) ETF before the end of 2025, making it the most likely altcoin ETF to gain approval. They view Litecoin’s path as straightforward due to its proof-of-work mechanism, similarity to Bitcoin, and the SEC’s likely classification of it as a commodity.
Source: Cointelegraph