Bloomberg Analyst: Litecoin ETF Has Fulfilled All Conditions, May Become First Torrent ETF in 2025
Eric Balchunas, Senior ETF Analyst at Bloomberg, said in a social media post, “The Litecoin ETF has now met all the conditions and the countdown is on for the first Walled Coin ETF in 2025. I don't see any reason to withdraw the application, especially since the SEC has commented on the S-1 filing, Litecoin is considered a commodity, and the SEC has new leadership.”
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