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Bloomberg ETF analyst: Litecoin ETF approval probability is estimated to be 90%

Bloomberg ETF analyst: Litecoin ETF approval probability is estimated to be 90%

CointimeCointime2025/02/21 03:33
By:Cointime

Bloomberg ETF analyst Eric Balchunas commented on "Canary Litecoin ETF is already listed on the DTCC official website", stating that although this does not mean it has been approved or is ready to start trading, it does indicate that the issuer is preparing for when to start trading. We still believe that the probability of approval for the Litecoin ETF is 90%. According to ForesightNews, Canary Litecoin ETF has already been listed on the DTCC official website, with the code LTCC, and the create/redeem column showing as D.

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