Analyst: The probability of Litecoin ETF approval reaches 90%
Odaily Planet Daily reports that Bloomberg's senior ETF analyst Eric Balchunas commented on the news "Canary Litecoin Spot ETF is now listed on the DTCC official website" on platform X, saying 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. He still believes there's a 90% chance of the Litecoin ETF being approved.
Earlier news reported that Canary Litecoin Spot ETF was already listed on the DTCC official website with code LTCC and shows 'D' under creation/redemption column.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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