Bloomberg ETF analyst: Litecoin ETF approval probability reaches 90%

BlockBeats news, on February 21st, Eric Balchunas, senior ETF analyst at Bloomberg, commented on social media regarding the news of "Canary LitecoinSpot ETF listed on the DTCC website," stating that although this does not mean it has been approved or is ready to trade, it does indicate that the issuer is preparing for when to start trading. We still believe that the probability of the Litecoin ETF being approved has reached 90%. BlockBeats previously reported that the Canary LitecoinSpot ETF has been listed on the DTCC website, with the code LTCC, and the creation/redemption column shows D.