Bloomberg ETF analyst: Litecoin ETF approval probability reaches 90%

BlockBeats News: On February 21st, Eric Balchunas, a senior ETF analyst at Bloomberg, commented on social media regarding the news that the Canary Litecoin spot ETF has been listed on the DTCC website. Although this does not mean it has been approved or is ready to start trading, it does indicate that the issuer is preparing for when to start trading. We still believe that the probability of Litecoin ETF approval reaches 90%. BlockBeats previously reported that the Canary Litecoin spot ETF has been listed on the DTCC official website under the code LTCC, with the creation/redemption column displayed as D.