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news-imageJanuary 16, 2025

Bloomberg Analyst: Litecoin ETF Is Possibly Next One to Be Approved

Bloomberg analyst Eric Balchunas has predicted that Litecoin (LTC) ETF could be the next crypto ETF to be approved by the SEC.
Publisher: Coinspeaker
Sentiment: Positive
LTC

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cover-imageThe Currency Analytics
January 17, 2025

Litecoin Price Surges as ETF Approval Hopes Gain Momentum

Litecoin ($LTC) has caught the market's attention with a double-digit price jump, climbing 15.1% in the last 24 hours to hit $118—a level not seen in four weeks. This dramatic rise follows growing speculation about the approval of a Litecoin-based exchange-traded fund (ETF), drives by a regulatory filing update from Canary Capital.

Positive
cover-imageThe Currency Analytics
January 17, 2025

Litecoin ETF Approval Likely Next, Says Senior Bloomberg Analyst

Litecoin (LTC) is emerging as a strong contender to be the next cryptocurrency to receive an ETF approval in the United States, according to Eric Balchunas, a Senior Bloomberg ETF analyst. Following the SEC's approval of Bitcoin (BTC) and Ethereum (ETH) ETFs in 2024, many have speculated which crypto asset would be next in line for the coveted exchange-traded fund status.

Positive
cover-imageThe Currency Analytics
January 16, 2025

Litecoin ETF: A Step Closer to Approval as Experts Predict It's Next in Line

The cryptocurrency market is buzzing with anticipation as experts predict that Litecoin (LTC) could soon join Bitcoin (BTC) in the ranks of digital assets with a spot Exchange-Traded Fund (ETF) in the United States. This potential milestone has drives considerable excitement in the crypto community, particularly as the approval of a Litecoin ETF could pave the way for further institutional adoption and mainstream recognition of digital currencies.

Positive
cover-imageCrypto news
January 16, 2025

Here's why Litecoin price is pumping

Litecoin price went vertical as it jumped for three consecutive days, reaching its highest level in almost a month. The price of Litecoin (LTC) rose to $126, up 26% from its lowest level this week.

Positive
cover-imageCoingape
January 16, 2025

Litecoin Price Jumps 17% on ETF Expectations & Whale Buying Spree

This week, LTC price has made a strong comeback, closely following the over all market's recovery after positive US inflation data outperforming many other cryptocurrencies, with a 17% rise in just the past 24 hours. This surge seems to be driven by heavy whale accumulation and growing excitement about the potential approval of Litecoin ETF.

Positive
cover-imageCoingape
January 16, 2025

Here's Why Litecoin Price Is Up 18% Today?

Litecoin price is outperforming the broader crypto market run-up gaining more than 18% in the last 24 hours shooting all the way to $120 levels. The daily trading volume has also skyrocketed by a massive 301% to $1.68 billion suggesting strong bullish momentum moving ahead.

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