The possibility of ETF obtaining ETF Litecoin approval this year by 85 %, according to the prediction platform, Polymarket. With the stock exchange funds (ETFS) gaining traction in the American financial markets, speculation intensified the approval of ETF Litecoin.
ETF Litecoin approval from Polymarkket
Polymarket shows that this prediction It will be resolved to “Yes” if the Spot Litecoin ETF website has approved by SEC by December 31, 2025, at 11:59 pm Each time. Approval, according to Article 19-4B, will be considered a solution “Yes”, even without the S-1 approval, while the approval of the S-1 without approval 19-4 B will also predict in favor of “yes”.
The encryption community closely follows the possibility of approval of ETF Litecoin, with renewed speculation after comments from Eric Balunas, Senior ETF in Bloomberg.
It does not mean that he is approved or ready to start trading, but it shows that the source is doing preparations when it is. We are still in 90 % possibilities. $ LTCC https://t.co/ugqgo9fib
Eric Balunas (EricBalchunas) February 21, 2025
He recently indicated that ETF Spot Canary Litecoin has been inserted on the DTCC website, a major development that indicates the willingness of trading, although it does not indicate official approval. Balchunas also raised the probability of approval of 90 %.
Meanwhile, the ceiling of the Litecoin market is $ 10.11 billion, ranked 18th in the coded currency area, with a change of 2.4 % in the past 24 hours, according to Coingecko data. On DTCC, ETF Spot Spot Canary Litecoin appears under the LTCC icon, with a construction/recovery column “D.” Although this does not necessarily emphasize organizational approval or final approval results, the listing on the DTCC site is part of the standard procedure for launching the new circulating investment funds.
Also read: Litecoin (LTC) targets $ 200 on ETF approval by 90 %
