Analyst: Litecoin ETF has a 90% chance of approval

Odaily News Eric Balchunas, senior ETF analyst at Bloomberg News, commented on the news that "Canary Litecoin Spot ETF has been listed on the DTCC official website" on the X platform, saying that while this does not mean it has been approved or is ready to start trading, it does indicate that the issuer is preparing for when trading will start. We still believe that the probability of Litecoin ETF approval is 90%.
As previously reported, the Canary Litecoin Spot ETF has been listed on the DTCC official website with the code LTCC and the creation/redemption column showing D.