Is Litecoin ETF Approval Just Around the Corner? You Won’t Believe This! 😲

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So, there we were at the Litecoin Summit 2025 in Las Vegas, right? You know, the place where dreams go to die, or maybe just get delayed. The big talk? Litecoin and ETFs. I mean, who doesn’t love a good financial product that sounds like a fancy sandwich? 🥪

Leading the charge was James Seyffart, a CFA and research analyst at Bloomberg Intelligence. This guy’s got more crypto knowledge than I have socks! And he brought along some heavyweights, including Steven McClurg from Valkyrie Investments. You know, the firm that decided to be the first to file for a Litecoin ETF in the U.S. Talk about being the early bird! 🐦

The vibe? Cautiously optimistic. You know, like when you’re waiting for a pizza delivery and you’re not sure if it’s going to be cold or just slightly warm. Seyffart kicked things off with a bold proclamation:

“Our view is it’s going to be approved. It’s a matter of when, not if.”

90% chance of approval for the Litecoin ETF in 2025? That’s like saying there’s a 90% chance I’ll finish my dinner. It’s happening, folks! Seyffart claims Litecoin checks all the regulatory boxes. I mean, it’s practically a model citizen in the crypto world. 🏅

But let’s be real, the SEC is moving slower than a sloth on a Sunday stroll. Seyffart mentioned October as the magic month for approval, but he also threw in a curveball: “Slim chance we could see some of these single, uh, coin ETFs actually get approved some point in July.” So, basically, don’t hold your breath. 😅

Then Seyffart started talking about the broader ETF landscape. Over 80 filings? It’s like a buffet of financial products! And he even joked, “There’s literally a 2x Melania filing out there.” I mean, who knew we needed more Melania in our lives? 🙄

But he’s still bullish on Litecoin. “The line is not going to be stopping Litecoin.” Sounds like a motivational poster, doesn’t it? And let’s not forget Bruno Caratori from Hashdex, who called Litecoin “the non-controversial part of this framework.” That’s like being the least annoying person at a family gathering. 🎉

Seyffart wrapped it up with a confident prediction: “Litecoin ETF, matter of when, not if, and it’s going to happen this year.” So, mark your calendars, folks! 🗓️

“OUR VIEW IS THAT THE #LITECOIN #ETF WILL BE APPROVED — IT’S JUST A MATTER OF WHEN, NOT IF” – JAMES SEYFFART @stevenmcclurg @JSeyff #LitecoinSummit2025

Then McClurg chimed in, saying Valkyrie was “the first people to file for the Litecoin ETF in the US.” And why? Well, Charlie’s back in the Litecoin Foundation, and Gensler said Bitcoin, ETH, and Litecoin are not securities. That’s like getting a gold star from the teacher! 🌟

But then, of course, things stalled. Because when do they not? “It took a long time to confirm the new SEC chair.” It’s like waiting for your friend to pick a restaurant—forever! 🍽️

Despite the delays, McClurg is confident: “I’ve got no doubt that Litecoin will be the next ETF to launch.” And he thinks Litecoin is underestimated. “For years, CNBC has had three tickers: Bitcoin, ETH, Litecoin.” So, it’s basically the cool kid in the crypto playground! 😎

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2025-05-29 23:33