BREAKING
283d 3h ago

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

LTC

LTC/USDT

$58.11
-4.25%
24h Volume

$299,126,236.31

24h H/L

$60.99 / $57.07

Change: $3.92 (6.87%)

Long/Short
77.1%
Long: 77.1%Short: 22.9%
Funding Rate

+0.0043%

Longs pay

Data provided by COINOTAG DATALive data
Litecoin
Litecoin
Daily

$57.70

-2.02%

Volume (24h): -

Resistance Levels
Resistance 3$70.0039
Resistance 2$61.6418
Resistance 1$58.94
Price$57.70
Support 1$56.0526
Support 2$39.0309
Support 3$30.6941
Pivot (PP):$58.20
Trend:Downtrend
RSI (14):25.2

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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