Litecoin Price Prediction: Is LTC Leading the ETF Race—Analyst Signals Potential Price Surge
- A spot Litecoin (LTC) ETF could be the first altcoin ETF to be approved by the SEC.
- The agency is likely to wait for the new SEC Chair Paul Atkins before greelighting ETFs.
- Litecoin (LTC) is ahead of other altcoins because of early SEC engagement on Canary Capital’s filing.
Litecoin (LTC) is firmly emerging as a frontrunner in the race for a spot exchange-traded fund (ETF), with Bloomberg ETF analyst Eric Balchunas using a baseball analogy to offer his price prediction.
To put it simply, Balchunas believes, all the altcoins “are rounding 1st base, except for Litecoin which is headed to 3rd.” For investors, this statement suggests that Litecoin is significantly ahead in the regulatory process, potentially paving the way for a price surge compared to other altcoins like XRP, Dogecoin, and Solana.
Analyst Downplays Immediate ETF Approval – Senate Confirmation Key
Balchunas did clarify, in another post on X (formerly Twitter), that no crypto ETFs will begin active trading until th…
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Litecoin Price Prediction: Is LTC Leading the ETF Race—Analyst Signals Potential Price Surge
- A spot Litecoin (LTC) ETF could be the first altcoin ETF to be approved by the SEC.
- The agency is likely to wait for the new SEC Chair Paul Atkins before greelighting ETFs.
- Litecoin (LTC) is ahead of other altcoins because of early SEC engagement on Canary Capital’s filing.
Litecoin (LTC) is firmly emerging as a frontrunner in the race for a spot exchange-traded fund (ETF), with Bloomberg ETF analyst Eric Balchunas using a baseball analogy to offer his price prediction.
To put it simply, Balchunas believes, all the altcoins “are rounding 1st base, except for Litecoin which is headed to 3rd.” For investors, this statement suggests that Litecoin is significantly ahead in the regulatory process, potentially paving the way for a price surge compared to other altcoins like XRP, Dogecoin, and Solana.
Analyst Downplays Immediate ETF Approval – Senate Confirmation Key
Balchunas did clarify, in another post on X (formerly Twitter), that no crypto ETFs will begin active trading until th…
The post Litecoin Price Prediction: Is LTC Leading the ETF Race—Analyst Signals Potential Price Surge appeared first on Coin Edition.
Read More