"Litecoin sees 12% increase in short-term investors... ETF launch expectations cited"

Son Min

Summary

Reported that Litecoin short-term investors increased by 12% over the past month.
Cited the anticipation of spot ETF launch as the main reason.
Reported that the approval probability for Litecoin spot ETF is projected at 90%.

The number of short-term holders (within 1 month) of Litecoin (LTC) has increased by 12% over the past month.

On the 23rd (local time), IntoTheBlock reported that "Litecoin short-term traders have increased by more than 12% over the past month," attributing this to "expectations for the launch of a Litecoin spot ETF."

Meanwhile, on the 21st, Bloomberg ETF analyst Eric Balchunas stated that "the approval probability for a Litecoin spot ETF is 90%."

LTC

Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit

"Litecoin sees 12% increase in short-term investors... ETF launch expectations cited"

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