#LitecoinETF 🚨Here's the latest news on Litecoin ETF🚨
1️⃣SEC Acknowledgement: The SEC has acknowledged CoinShares' filings for XRP and Litecoin ETFs, moving the process forward.
2️⃣Canary Capital's Litecoin ETF Filing: Canary Capital has filed an S-1 with the SEC for the first Litecoin LTC ETF, which could be a significant development if approved.
3️⃣DTCC Listing: Canary Capital's Litecoin ETF has been listed on the DTCC system under the ticker LTCC, indicating progress toward approval.
4️⃣Approval Odds: Bloomberg analyst Eric Balchunas estimates a 90% chance of ETF approval in 2025, which could significantly impact Litecoin's price.
5️⃣Market Impact: The potential approval of a Litecoin ETF has already sparked a 5% increase in Litecoin's price, with some analysts predicting further gains.