Analyst Forecasts Litecoin Price Target of $5,000 This Cycle As SEC Acknowledges LTC ETF

Litecoin price is poised for a parabolic rally after the US Securities and Exchange Commission (SEC) acknowledged CoinShares’ filing for a spot Litecoin exchange-traded fund (ETF). Bloomberg analysts had earlier placed the odds of an LTC ETF approval in 2025 at 90% because of its positive regulatory standing with the SEC.