#LitecoinETF How The Litecoin ETFs Could Drive LTC’s Price To $800

EXCAVO highlighted the Litecoin ETFs as one of the factors that could drive LTC’s price to $800 at 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 a decentralization and adoption issue is occurring, 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 price target.

* According to Bloomberg analysts Eric Balchunas and James Seyffart, there is a 90% chance of the US SEC approving these funds this year. 

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