BREAKING
364d 10h ago

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

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

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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