Litecoin pumped 46% on ETF hype and whale buying. CoinShares applied for a Litecoin ETF, and SEC review is underway. Transactions are booming, and whales grabbed $500M in LTC. If momentum holds, $225 is possible.
Litecoin is making waves! The so-called “underrated” crypto just hit new highs, surging 46% this month as ETF hype and whale buying fuel the rally. With CoinShares filing for a Litecoin ETF on Nasdaq, excitement is growing, and the SEC is currently reviewing the proposal. If approved, an ETF would let investors trade LTC like stocks—no wallets, no private keys, just easy access.
Analysts predict a 90% probability the ETF will be approved by late 2025, as U.S. regulators gradually become more comfortable with crypto. But this rally is not mere speculation—Litecoin’s everyday transaction volume has surged to $9.6 billion, a 243% increase from August 2024. Individuals are literally spending LTC, not simply holding onto it.
Meanwhile, whales are making moves. In a two-week period, institutional investors have purchased $500 million worth of LTC, suggesting serious confidence in its long-term value.
Litecoin is trading at around $138 now, with $120 being the crucial support. If the hype continues, analysts are expecting it to go up to $225, but a drop below $80 would kill the momentum.
Everybody’s holding their breath for the SEC—if the ETF happens, Litecoin would take over the entire crypto landscape.
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