Litecoin Price Prediction: LTC Surges 13% As Analysts Say Spot Litecoin ETF More Likely In 2025, While This Crypto Wallet ICO Heads For $10 Million
The Litecoin price surged over 13% in the last 24 hours to trade at $123.55 as of 9:56 p.m. EST as investors go long on the altcoin. The jump in the LTC price comes as Bloomberg analysts say the probability of a spot Litecoin ETF (exchange-traded fund) getting approved in the US in 2025 is greater than the odds for any other crypto fund. Our official alt coin ETF approval odds are out. Litecoin leads w 90% chance, then Doge, followed by Solana and XRP. We are only doing for 33 Act $IBIT-esque filings. But def poss to see futures or Cayman-subsidiary type 40 Act stuff get through as well. https://t.co/JSaNnifjbu — Eric Balchunas (@EricBalchunas) February 10, 2025 Both analysts posted on X, saying that the path toward a spot LTC ETF receiving approval may be the most straightforward since S-1 and 19b-4 forms have already been filed and acknowledged by the US Securities and Exchange Commission (SEC), while the regulator likely views Litecoin as a commodity as well. Litec...