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#LTCUSDT $LTC Recently, there has been a significant development in the application for Spot ETF of LTC. The LTC Spot ETF with the code LTCC has been officially registered with the Depository Trust & Clearing Corporation (DTCC) in the United States, which is a very important development. This is because before the BTC and ETH Spot ETFs were approved by the SEC last year, they had both completed the registration process with DTCC. This step is usually seen as a crucial prelude to ETF listing, so the likelihood of LTC Spot ETF approval has significantly increased.
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Bloomberg ETF senior analyst Eric tweeted that the probability of LTC being listed is as high as 90%, and the issuer is ready to launch trading at the right time. The probability of LTC Spot ETF getting SEC approval this year on the decentralized prediction market platform Polymarket is also as high as 85%.
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From the above points, it seems that the listing of ltcSpotetf is almost certain, and it will become the third cryptocurrency ETF in the United States. Influenced by this news, the on-chain daily trading volume of ltc has reached 9.6 billion US dollars in the past week, while the on-chain trading volume of ltc was only 2.8 billion US dollars in August last year. In just a few months, the on-chain trading volume of ltc has increased by 242%. The approval of ltcSpotetf will also increase market confidence in altcoins, possibly triggering a new wave of capital inflows.
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If LTC Spot ETF is successfully listed, then the probability of future approval for XRP, SOL, ADA, and DOGE Spot ETFs that are currently in the application process will also significantly increase. Perhaps the start of the altcoin season this year will be initiated by the approval of these altcoin Spot ETFs. 😄
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#LTC ETF通过预期
#莱特币ETF通过预期
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