The financial company named CoinShares has officially applied to list a Litecoin ETF on Nasdaq, and the U.S. Securities and Exchange Commission (SEC) has begun the review process. If approved, this will allow investors to purchase Litecoin in a regulated stock market environment without having to store the actual tokens. Some analysts estimate that the likelihood of approval by the end of 2025 is 90%. Given that the new U.S. government seems to be more supportive of cryptocurrencies, this approval could pave the way for more ETFs based on previously discussed altcoins like XRP and Solana. This will make it easier for traditional investors to enter the cryptocurrency market without purchasing on-chain tokens.