Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Analyst predicts huge Bitcoin outburst based on one gold graph, sees the Altcoin market following

2025-05-22

XRP price to crash 30% if this happens

2025-05-22

Billionaire Justin Sun To attend the Crypto dinner with President, says he is ‘top holder’ of Trump’s memecoin

2025-05-22
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    Validation Cloud implements AI -Engine on Hedera

    2025-05-22

    Sony announces the Mavet launch of Soneium Blockchain

    2025-05-21

    Nitro Labs launches data anchor to lower the storage costs of Solana

    2025-05-21

    Zimbabwe rolls out blockchain-based carbon credit market system

    2025-05-21

    Kalp Network Partners with Luffa to stimulate Web3 Privacy and RWA access

    2025-05-21
  • NFT

    Guild of Guardians leads with a huge volume of $ 796.62k

    2025-05-20

    Solana Meme Coin Ponke Set to release assembly objects, clothing via Jcorp Spinout

    2025-05-19

    The most popular collections of the moment on blockchain

    2025-05-18

    Raoul Pal sees NFT market exploding when Ethereum Bull Cycle is approaching

    2025-05-17

    Ethereum is at the top of the charts in weekly NFT sales with $ 44.7 million in sales volume

    2025-05-16
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    Analyst predicts huge Bitcoin outburst based on one gold graph, sees the Altcoin market following

    2025-05-22

    Bitcoin price rays to New All Time Bulls takes the lead

    2025-05-22

    Mike Novogratz says that weakening dollars, broadening the shortage and the deteriorating financial situation of America ‘very good’ for Bitcoin and Crypto

    2025-05-21

    Does the XRP price mirror the Rally of 2017? Analyst points to agreements

    2025-05-21

    Bitcoin breaks $ 109k ATH to enter the price discovery again

    2025-05-21
  • Learn

    What Is a DEX (Decentralized Exchange)?

    2025-05-21

    Blockchain Explained: What It Is, How It Works and Why We Need It

    2025-05-21

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Regulation»Analysts Believe Spot Litecoin ETF Will Likely Be the First Altcoin Approved as Nasdaq Files Listing Application
Analysts Believe Spot Litecoin ETF Will Likely Be the First Altcoin Approved as Nasdaq Files Listing Application
Regulation

Analysts Believe Spot Litecoin ETF Will Likely Be the First Altcoin Approved as Nasdaq Files Listing Application

2025-01-16No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Nasdaq filed a Form 19b-4 on January 16 to list and trade Canary Capital’s registered spot Litecoin (LTC) exchange-traded fund (ETF). Bloomberg senior ETF analyst Eric Balchunas sees this as the first altcoin-related ETF approval in 2025.

Following an update in the S-1 form filed by Canary, Balchunas stated that his Litecoin ETF “checked all the boxes.” He added:

“I also don’t see any reason why this would be withdrawn, considering SEC commented on the S-1, Litecoin is considered a commodity and there is a new SEC sheriff in town.”

Earlier on January 16, Bloomberg analyst James Seyffart said marked that the change on the S-1 form did not guarantee approval. Still, it is a sign that the US Securities and Exchange Commission (SEC) is looking into the matter.

After the Nasdaq news, Seyffart declared that it may take a few weeks for approval chances to be confirmed as the SEC has yet to recognize the Litecoin ETF application.

He added that while recent Solana (SOL) filings were not recognized, a Litecoin ETF could more likely catch the regulator’s attention. Seyffart reasoned that LTC is not subject to the SEC’s allegations of being a security, which increases the odds.

The price of Litecoin has risen almost 24% in the last 24 hours and stood at $129.49 at the time of writing. CryptoSlate facts. This is the largest daily gain within the 25 largest cryptocurrencies by market capitalization.

Wave of approvals

Seyffart and Balchunas predicted 2025 would see a wave of ETF approvals hit the market. The most likely products to receive SEC approval were the commingled ETFs, which track Bitcoin (BTC) and Ethereum (ETH).

See also  Trader Predicts Nearly 200% Surge For Under-the-Radar Altcoin, Says 2024 Is Going To Be 'Insane' For Crypto

These products received their first approval in 2024 when the regulator approved Hashdex and Franklin Templeton’s filings. The next products on the line are Litecoin and Hedera (HBAR), and the forecast is right on target.

Funds tied to XRP and SOL are also on the list, although analysts believe they could be delayed due to the SEC lawsuits classifying these crypto as securities.

However, newly elected President Donald Trump is reportedly consider including XRP, SOL and USD Coin (USDC) in the US National Reserve. This would increase the chances of approval for spot XRP and SOL ETFs.

Mentioned in this article
Posted in: Bitcoin, Ethereum, Litecoin, Solana, USDC, XRP, US, Crypto, ETF, Featured, Regulation, TradFi

Source link

Altcoin Analysts application Approved ETF Files listing Litecoin Nasdaq Spot
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Analyst predicts huge Bitcoin outburst based on one gold graph, sees the Altcoin market following

2025-05-22

Billionaire Justin Sun To attend the Crypto dinner with President, says he is ‘top holder’ of Trump’s memecoin

2025-05-22

BPI is releasing policy manifesto and urges us to train in Bitcoin infrastructure

2025-05-22

Fibs Atlanta Man Roodert for alleged application of more than $ 3,390,000 in fraudulent small business loans during Covid

2025-05-21
Add A Comment

Comments are closed.

Top Posts

Bitcoin ETF Inflows Hit $20 Billion, Outpacing Gold ETFs by 10x: What Now?

2024-10-20

23 Days Until a Bitcoin Rally? The BTC Halving Cycle Has the Answer!

2024-09-16

Bitcoin – What funding rates tell us about changing market sentiment

2025-01-25
Editors Picks

Pudgy Penguins and Unstoppable Domains have teamed up to create a .pudgy domain

2024-02-23

Tonkeeper Wallet: a comprehensive overview

2023-10-05

Automated IPFS: how it works

2023-05-07

Grayscale applies to Bitcoin Covered Call ETF

2024-01-11
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Analyst predicts huge Bitcoin outburst based on one gold graph, sees the Altcoin market following

XRP price to crash 30% if this happens

Billionaire Justin Sun To attend the Crypto dinner with President, says he is ‘top holder’ of Trump’s memecoin

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$110,860.764.03%
  • ethereumEthereum(ETH)$2,629.893.03%
  • tetherTether USDt(USDT)$1.00-0.04%
  • rippleXRP(XRP)$2.402.36%
  • binancecoinBNB(BNB)$683.254.30%
  • solanaSolana(SOL)$178.315.78%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.2409016.34%
  • cardanoCardano(ADA)$0.794.99%
  • tronTRON(TRX)$0.2718260.38%
  • suiSui(SUI)$4.147.96%
  • chainlinkChainlink(LINK)$16.383.50%
  • hyperliquidHyperliquid(HYPE)$30.6516.78%
  • avalanche-2Avalanche(AVAX)$24.077.01%
  • stellarStellar(XLM)$0.2976323.29%
  • shiba-inuShiba Inu(SHIB)$0.0000154.71%
  • hedera-hashgraphHedera(HBAR)$0.2018853.06%
  • bitcoin-cashBitcoin Cash(BCH)$414.914.24%
  • unus-sed-leoUNUS SED LEO(LEO)$8.870.75%
  • the-open-networkToncoin(TON)$3.173.87%
  • polkadotPolkadot(DOT)$4.843.46%
  • litecoinLitecoin(LTC)$98.774.46%
  • moneroMonero(XMR)$398.489.34%
  • bitget-tokenBitget Token(BGB)$5.282.37%
  • pepePepe(PEPE)$0.0000146.25%
  • piPi(PI)$0.834.92%
  • daiDai(DAI)$1.00-0.01%
  • ethena-usdeEthena USDe(USDE)$1.00-0.01%
  • bittensorBittensor(TAO)$472.1513.16%
  • uniswapUniswap(UNI)$6.371.21%
  • aaveAave(AAVE)$253.15-2.68%
  • nearNEAR Protocol(NEAR)$2.966.25%
  • aptosAptos(APT)$5.394.67%
  • ondo-financeOndo(ONDO)$1.006.52%
  • okbOKB(OKB)$52.861.56%
  • kaspaKaspa(KAS)$0.1164285.87%
  • ethereum-classicEthereum Classic(ETC)$19.445.32%
  • internet-computerInternet Computer(ICP)$5.494.22%
  • official-trumpOFFICIAL TRUMP(TRUMP)$14.552.00%
  • gatechain-tokenGateToken(GT)$21.670.35%
  • crypto-com-chainCronos(CRO)$0.0995633.18%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2492317.69%
  • vechainVeChain(VET)$0.0299565.48%
  • render-tokenRender(RENDER)$4.976.79%
  • mantleMantle(MNT)$0.751.04%
  • ethenaEthena(ENA)$0.4088276.27%
  • usd1World Liberty Financial USD(USD1)$1.000.07%
  • arbitrumArbitrum(ARB)$0.4239537.15%
  • algorandAlgorand(ALGO)$0.2366525.26%
  • filecoinFilecoin(FIL)$3.015.28%
  • bitcoinBitcoin(BTC)$110,860.764.03%
  • ethereumEthereum(ETH)$2,629.893.03%
  • tetherTether USDt(USDT)$1.00-0.04%
  • rippleXRP(XRP)$2.402.36%
  • binancecoinBNB(BNB)$683.254.30%
  • solanaSolana(SOL)$178.315.78%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.2409016.34%
  • cardanoCardano(ADA)$0.794.99%
  • tronTRON(TRX)$0.2718260.38%
  • suiSui(SUI)$4.147.96%
  • chainlinkChainlink(LINK)$16.383.50%
  • hyperliquidHyperliquid(HYPE)$30.6516.78%
  • avalanche-2Avalanche(AVAX)$24.077.01%
  • stellarStellar(XLM)$0.2976323.29%
  • shiba-inuShiba Inu(SHIB)$0.0000154.71%
  • hedera-hashgraphHedera(HBAR)$0.2018853.06%
  • bitcoin-cashBitcoin Cash(BCH)$414.914.24%
  • unus-sed-leoUNUS SED LEO(LEO)$8.870.75%
  • the-open-networkToncoin(TON)$3.173.87%
  • polkadotPolkadot(DOT)$4.843.46%
  • litecoinLitecoin(LTC)$98.774.46%
  • moneroMonero(XMR)$398.489.34%
  • bitget-tokenBitget Token(BGB)$5.282.37%
  • pepePepe(PEPE)$0.0000146.25%
  • piPi(PI)$0.834.92%
  • daiDai(DAI)$1.00-0.01%
  • ethena-usdeEthena USDe(USDE)$1.00-0.01%
  • bittensorBittensor(TAO)$472.1513.16%
  • uniswapUniswap(UNI)$6.371.21%
  • aaveAave(AAVE)$253.15-2.68%
  • nearNEAR Protocol(NEAR)$2.966.25%
  • aptosAptos(APT)$5.394.67%
  • ondo-financeOndo(ONDO)$1.006.52%
  • okbOKB(OKB)$52.861.56%
  • kaspaKaspa(KAS)$0.1164285.87%
  • ethereum-classicEthereum Classic(ETC)$19.445.32%
  • internet-computerInternet Computer(ICP)$5.494.22%
  • official-trumpOFFICIAL TRUMP(TRUMP)$14.552.00%
  • gatechain-tokenGateToken(GT)$21.670.35%
  • crypto-com-chainCronos(CRO)$0.0995633.18%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2492317.69%
  • vechainVeChain(VET)$0.0299565.48%
  • render-tokenRender(RENDER)$4.976.79%
  • mantleMantle(MNT)$0.751.04%
  • ethenaEthena(ENA)$0.4088276.27%
  • usd1World Liberty Financial USD(USD1)$1.000.07%
  • arbitrumArbitrum(ARB)$0.4239537.15%
  • algorandAlgorand(ALGO)$0.2366525.26%
  • filecoinFilecoin(FIL)$3.015.28%