BREAKING
285d 18h ago

Bloomberg Predicts 90% Approval Chance for LTC and SOL Spot ETFs by 2025

LTC

LTC/USDT

$55.30
+2.12%
24h Volume

$221,331,167.04

24h H/L

$56.00 / $54.08

Change: $1.92 (3.55%)

Long/Short
74.4%
Long: 74.4%Short: 25.6%
Funding Rate

-0.0101%

Shorts pay

Data provided by COINOTAG DATALive data
Litecoin
Litecoin
Daily

$55.30

0.20%

Volume (24h): -

Resistance Levels
Resistance 3$63.038
Resistance 2$59.7889
Resistance 1$55.9333
Price$55.30
Support 1$52.8775
Support 2$45.07
Support 3$26.3999
Pivot (PP):$55.3133
Trend:Downtrend
RSI (14):31.0

According to a recent report by COINOTAG on April 30, Bloomberg’s Senior ETF Analyst, Eric Balchunas, provided significant insights into the cryptocurrency ETF landscape. Bloomberg Intelligence forecasts that there is a remarkable 90% probability of approval for LTC and SOL spot ETFs by 2025. Additionally, the likelihood of an XRP spot ETF receiving approval stands at 85%. Notably, the approval probabilities for DOGE and HBAR ETFs are projected at 80%, while ADA, DOT, and AVAX spot ETFs have a 75% chance of being approved. These forecasts highlight the growing interest in diversified crypto investment products, underscoring a shift towards more structured market participation.

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