Litecoin would become the third cryptocurrency to have spot ETFs in the United States, after bitcoin (BTC) and ether (ETH).
by Nicolás Antiporovich April 18, 2025
Many silver litecoin coins.
Litecoin (LTC) ETFs could be approved very soon. Source: stock.adobe.com.
An ETF facilitates institutional and corporate investment.
The arrival of litecoin (LTC) ETFs does not guarantee price increases.
With Paul Atkins already confirmed as chairman of the U.S. Securities and Exchange Commission (SEC), cryptocurrencies begin to 'breathe a sigh of relief'.
As CriptoNoticias has reported, Atkins is a pro-cryptocurrency industry figure. Therefore, it can be taken for granted that the SEC's 'crackdown' on this market niche in the United States is coming to an end.
It can be assumed, then, that several altcoin ETF launch applications are close to being approved. James Seyffart and Eric Balchunas, senior analysts at Bloomberg Intelligence, are convinced that litecoin (LTC) will be the next cryptocurrency to have a spot ETF in the United States. So far, only bitcoin (BTC) and ether (ETH) hold that privilege.
According to Mike Fay, a market analyst, 'spot litecoin ETFs could be weeks away from their launch.'
Fay explains that 'the approval of spot litecoin ETFs seems likely, and analysts give it high probabilities.' Furthermore, he supports his expectation by mentioning that 'the Canary Capital ETF is in a state of 'pre-launch' according to the DT$#LitecoinUpdate $SOL website.
