LTC Crash Disaster! US Regulation Hits Back, Hopes for Altcoin ETF Shattered!

US regulators are taking action again! The SEC suddenly announced the postponement of LTC-related ETF approvals and initiated a public comment period, citing "fraud and manipulation risks". As soon as the news broke, LTC plummeted 5%, leaving the market in despair.

Once hailed as the "most promising altcoin ETF for approval", LTC's chances had soared to 85%. Now, due to the statement of "suspending review", it has fallen directly from heaven to hell.

Experts point out that this may just be part of the official process, but the market has long since lost its patience, and investor sentiment is rapidly disintegrating.

Traders are resetting their expectations, and hopes for altcoin ETFs are facing a severe blow in the short term. Although there is still a chance in 2025, confidence for the second quarter is rapidly evaporating.

A notice has shattered the entire fantasy of altcoin ETFs. What's next, is it time to buy the dip? Or is it time to escape? The storm has just begun.