#LitecoinETF
Speculation surrounding the spot ETF for Litecoin (LTC) has led whales to accumulate 512 million dollars. Meanwhile, the price aims to break 150 dollars as it rises to a 40-day high of 136 dollars according to Ibrahim at Coingape.
Litecoin has experienced a considerable rise in February 2025, challenging the downward pressure from opposing macroeconomic winds. Speculation around altcoin ETF approvals has been a key factor in the price increase of #LTC.
Litecoin whales speculate on the launch of the ETF
This optimism was further reinforced after the recent acknowledgment by the SEC of the ETF filings for Dogecoin (DOGE) and Ripple (XRP). As seen in the previous chart, the price of LTC reached a 40-day peak of 136 dollars on February 19, increasing another 4% within the daily time frame.
The ETF narrative continues to drive the Litecoin rally, as investors anticipate greater liquidity and accessibility through regulated investment vehicles.