Bloomberg analyst: Litecoin ETF has met all conditions and may become the first altcoin ETF in 2025

Odaily News Eric Balchunas, senior ETF analyst at Bloomberg, said on social media, "The Litecoin ETF now meets all the conditions, and the first altcoin ETF in 2025 is about to enter the countdown. I don't see any reason to withdraw the application, especially when the SEC has commented on the S-1 filing, Litecoin is considered a commodity, and the SEC has new leadership."