Eleanor Terrett, one of the important journalists of the cryptocurrency world who has change into especially unique not too long ago, acknowledged in her assertion that company firms possess began to level to passion in Litecoin ETF.
On the other hand, it’s a long way acknowledged that the motive gradual this passion is that Litecoin is similar to Bitcoin in aspects and therefore the SEC is liable to approve these ETFs. Terrett shared in his assertion that the approval likelihood of these ETFs could maybe well merely be even elevated than Ethereum ETFs.
Currently, the CFTC described Ethereum and Litecoin as commodities in the lawsuit it filed against the cryptocurrency exchange Kucoin, and Litecoin was a ray of hope for ETFs.
Final week, Coinbase Derivatives offered plans to launch CFTC-current futures contracts for Dogecoin, Litecoin, and Bitcoin Money on April 1 (next Monday).
*This shouldn’t be funding advice.
