BREAKING
361d 7h ago

Litecoin (LTC) Leads the Pack with 90% Approval Probability for 2025 Cryptocurrency ETF, Says Bloomberg Analyst

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

On February 11th, a notable analysis by Bloomberg’s Senior ETF Analyst Eric Balchunas highlighted the growing landscape of cryptocurrency spot Exchange-Traded Funds (ETFs) slated for 2025. The analysts’ projections indicate a **high probability** of **approval** for **physically-backed cryptocurrency ETFs**, with **Litecoin (LTC)** leading the pack at a remarkable **90% likelihood**. Following closely, **Dogecoin (DOGE)** boasts a compelling **75% chance** of being greenlit, signaling a strong endorsement of its market viability. **Solana (SOL)** is also under consideration, reflecting a **70% approval probability**, while **XRP** trails with a **65%** chance, underscoring the competitive nature of the crypto ETF market. The potential for these assets to transition into traditional finance could signal a pivotal shift for **investors** seeking regulated exposure to **cryptocurrencies**.

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