Litecoin ETF approval odds hit 80%: How will it impact LTC price?

The odds of a Litecoin ETF approval are now at 80%, boosted by its classification as a commodity. Major firms like Canary Capital and Grayscale are actively pursuing this approval, aiming for a breakthrough that could significantly impact the market.

Following this positive sentiment, LTC has gained nearly 30% in value recently, trading around 100.14 USD. Analysts speculate that prices could reach between 150-200 USD short-term with continued ETF approval momentum.