#链上数据洞察 Below are the on-chain data insights about Litecoin ETF:

Market transaction data

1. Trading volume surges: Driven by expectations for the Litecoin ETF, Litecoin’s daily trading volume reached $9.6 billion on February 21, 2025, a significant increase from before.

2. Open interest hits a new high: According to Coinglass data, Litecoin's open interest recently soared to $840 million, a record high, showing that the market's bullish sentiment on Litecoin is heating up.

3. Strong price performance: Litecoin price exceeded $130 in February 2025, and has risen by as much as 13% in the past seven days, outperforming most cryptocurrencies. Since the beginning of November, LTC prices have doubled, outperforming the overall crypto market gain of 42%.

Market sentiment and expectations

1. High expectations for ETF approval: Bloomberg analysts predict that the probability of Litecoin ETF being approved in 2025 is as high as 90%, and Polymarket's forecast also shows that its approval probability is 85%.

2. Increased institutional attention: As the application for Litecoin ETF progresses smoothly, institutional investors’ interest in Litecoin has increased significantly, which will further drive its price up.

On-chain data and market trends