Jump to content
Create New...

Is Litecoin ETF Decision About to Ignite LTC Price Rally of The Decade?

🎧
Analista ExpertFX

ExpertFX Podcast -
No time to read? Let me read it for you. Press Play!


Ben Graham
 Share

Recommended Posts

  • REDATOR

Often cast as Bitcoin’s overlooked, irrelevant sibling, the Litecoin ETF (LTC) is making waves in an otherwise unsettled market. Okay, maybe irrelevant was too harsh…

Meanwhile, geopolitical tensions in the Middle East rattled most of the crypto market, but Litecoin shrugged off the chaos, recovering to close at $84.88 with a modest 1.6% gain. With two standout developments fueling speculation, including an upcoming spot ETF, here’s what’s in store for Litecoin:

Litecoin
Price
Market Cap
LTC
$6.53B
24h7d30d1yAll time

The Resilience of Litecoin Amid Uncertainty

Predictive platform Polymarket put the chances of U.S. involvement at 62%, in Iran, causing most cryptocurrencies to trade sideways. Litecoin, however, emerged largely unscathed, surging near the $85.60 resistance mark even as other altcoins faltered.

Analysts at 99Bitcoins point to a bullish ascending channel pattern for LTC, marked by consistently higher lows. This trajectory coincides with growing optimism over a potential spot Litecoin ETF, which Polymarket predicts has a 76% chance of approval by 2025.

Adding to the momentum, DRML Miner introduced a sustainable Litecoin mining initiative, riding a wave of retail demand and a $600 million spike in transaction volumes over the past two days.

The Litecoin DRML platform addresses the growing cost and complexity of traditional mining, offering a hassle-free alternative centered on three standout features:

  • Regulatory Compliance and Security: DRML operates under UK licenses and utilizes cold wallets with military-grade encryption to safeguard $1.9 billion in managed assets.
  • Sustainable Mining Practices: Powered entirely by renewable energy, DRML’s global infrastructure applies hydro, wind, and solar farming technologies.
  • Accessibility for Retail Investors: New users can start with a $10 bonus and no hardware investment. Daily income is automatically calculated and distributed as well.

ETF Approval Momentum and What’s at Stake

The possibility of a spot Litecoin ETF gaining U.S. Securities and Exchange Commission (SEC) approval has emerged as a pivotal narrative for $LTC in 2025. Interest in altcoin ETFs among institutional investors is swelling, and a greenlight for Litecoin could drastically expand its market reach.

A spokesperson for DRML Miner connected this surge in interest to broader trends, commenting, “Cloud mining makes it easier for participants to be part of these transitions at scale. The focus on green technology meets the growing call for efficiency without compromise.”

EXPLORE: Tether CEO Paolo Ardoino Hopes For Net Positive From US Elections, Says Bitcoin Strategic Reserve Is A Great Idea: 99Bitcoins Exclusive

Join The 99Bitcoins News Discord Here For The Latest Market Updates

Key Takeaways

  • Often cast as Bitcoin’s overlooked, irrelevant sibling, the Litecoin ETF (LTC) is making waves in an otherwise unsettled market.
  • Interest in altcoin ETFs among institutional investors is swelling, and a greenlight for Litecoin could drastically expand its market reach.

The post Is Litecoin ETF Decision About to Ignite LTC Price Rally of The Decade? appeared first on 99Bitcoins.

  • Liked! 2
  • Love it! 1
  • Confused :/ 1
  • Nova Reação 1
💬 Did you like this content? Your feedback is very important!
Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Terminal Visitor
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

 Share

TRADING HUB
● MARKET OPEN
Loading...
RETAILS SENTIMENT
INVERSE
  • Loading...


×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use of Use and Privacy Policy

Search In
  • More options...
Find results that contain...
Find results in...

Write what you are looking for and press enter or click the search icon to begin your search

Live Global Sessions
Real-time NYSE Data Feed
Enjoying ExpertFX? 📈
Your review helps our community grow. Rate the app in seconds.