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As of February 21, 2025, Litecoin (LTC) is trading at $134.18, reflecting a 5.52% increase from the previous close. The recent surge is largely attributed to heightened anticipation surrounding the potential approval of a Litecoin Exchange-Traded Fund (ETF). Notably, Canary Capital has filed an S-1 with the U.S. Securities and Exchange Commission (SEC) for a Litecoin ETF, with Nasdaq submitting a 19b-4 form to advance the approval process. Analysts estimate a 90% chance of approval by October 2025. Additionally, Frankenmuth Credit Union has expanded its crypto offerings to include Litecoin, enhancing its accessibility to users. These developments underscore growing institutional interest and adoption, positioning Litecoin favorably in the evolving cryptocurrency landscape.
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