#LitecoinETF In January 2025, Canary Capital filed with the U.S. Securities and Exchange Commission (SEC) to create a Litecoin (LTC) spot exchange-traded fund (ETF). This development has attracted the attention of the crypto community and analysts, as the approval of such an ETF could significantly increase institutional interest in Litecoin. Litecoin founder Charlie Lee expressed optimism about the initiative, noting that the ETF approval could happen as early as 2025, potentially driving the price of LTC to $200 and beyond. 

Bloomberg analysts also believe that Litecoin has a high chance of becoming the next crypto asset to receive an ETF approval. Eric Balchunas, a senior ETF analyst at Bloomberg, noted that the amended S-1 filing could indicate the SEC’s engagement with the applicant, increasing the likelihood of approval. 

The launch of a Litecoin-based ETF could provide traditional investors with an opportunity to participate in the cryptocurrency market without having to directly own digital assets. This, in turn, could increase LTC liquidity and acceptance in financial markets. However, despite the positive forecasts, the final decision