Litecoin Network Activity Intensifies Amid ETF Hype
Litecoin doesn’t typically get the same buzz on social media as other major cryptocurrencies like XRP, Solana, Chainlink, or Cardano. But behind some legitimate ETF rumors, its value has been quietly increasing recently. From February 2 to February 19, 2025, Litecoin’s market cap increased by +46%, showing a surge in investor interest. This growth was driven in part by strong growth in its network utility, processing $9.6 billion in transactions per day over the past seven days. Thirteen months after the U.S. Securities and Exchange Commission (SEC) approved the first Bitcoin ETF, interest in a potential Litecoin ETF is clearly growing. A financial firm called 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 would allow investors to purchase Litecoin in a regulated exchange environment without having to store the actual tokens. Some analysts estimate the probability of approval by the end of 2025 to be 90%. Since the new US administration seems to be more supportive of cryptocurrencies, this approval could open the door to more ETFs based on altcoins discussed above, such as XRP and Solana. This will make it easier for traditional investors to enter the cryptocurrency market without having to buy tokens on-chain.#LitecoinETF