According to the latest news, the Litecoin exchange-traded fund (ETF) has a high probability of approval in 2025. Eric Balchunas, a senior ETF analyst at Bloomberg, stated that the approval probability for the Litecoin ETF has reached 90%. Moreover, both James Seyffart and Eric Balchunas believe that the Litecoin ETF is a frontrunner for launch this year.

Reports indicate that the Litecoin ETF has met all approval criteria and could become the first approved altcoin ETF in 2025. Bloomberg's analysts also pointed out that, given that the U.S. Securities and Exchange Commission (SEC) has provided feedback on the S-1 filing and that Litecoin is regarded as a commodity, along with the new SEC leadership coming into effect, the application for the Litecoin ETF is unlikely to be withdrawn.

Additionally, the Nasdaq Stock Exchange has submitted the relevant forms for Canary Funds' Litecoin ETF, indicating that the SEC will be compelled to approve or reject the ETF within the next year. Overall, these developments suggest that the Litecoin ETF is one step closer to potential approval.