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Reading: HOT DEVELOPMENT: SEC and LTC ETF announcement
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EdaFace Newsfeed > Latest News > Altcoin News > HOT DEVELOPMENT: SEC and LTC ETF announcement
Altcoin News

HOT DEVELOPMENT: SEC and LTC ETF announcement

vitalclick
Last updated: May 6, 2025 3:24 am
3 days ago
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Bitcoin (BTC) $94,235.30 The price continues at $ 94,750 and the negativity in the subcoins. SEC made a new announcement. In this announcement, the expected good news for LTC ETF was not given. However, soon, the SEC is expected to give the expected gospel this year.

LTC ETF announcement

Canary for months because Trump has been on duty for months ETF He’s doing applications. One of them was their application for LTC. Bitcoin and Ethereum $1,809.53Because it is similar as a structure and accepted as commodities LTC ETF Application is a legally advantageous trial.

Indeed Bloomberg ETF Experts also look at the approval for this year as almost precisely and give 90 %possibility. They said this for the last time ETH and BTC before. BTC ETF approval is expected to come to LTC and many other Altcoins until the deadline in November, as the approval of BTC ETF came under the direction of a strict person and does not see all the subcoin as securities (gensler’s otherwise) as securities. Since the legal framework is largely formed in the ETF process during the BTC and ETH ETF process, this approval will not be very difficult for LTC.

Rising up to $ 87 LTC price Under the influence of today’s negativity, it cannot see closing over the lock threshold of $ 87.37. If the chaos is finished with the tariffs in the environment we talk about at the end of the year (if it is not finished, it will be a great global recession, and our only problem is not crypto, food and so on) The current price will be quite cheap.

Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.

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