#LitecoinETF #LitecoinETF How Litecoin ETFs Could Push LTC Price To $800
EXCAVO highlighted Litecoin ETFs as one of the factors that could push LTC price to $800 by the end of the cycle.
He noted that Litecoin is just a fork of Bitcoin and there is not much technology in it. However, he added that there is a decentralization and adoption issue going on, making LTC a suitable candidate for a potential ETF.
The analyst indicated that these Litecoin ETFs are one of the bullish fundamentals that could send LTC to this target price.
* According to Bloomberg analysts Eric Balchunas and James Seyffart, there is a 90% chance that the US SEC will approve these funds this year.
