SEC Decision on Canary Litecoin ETF Approaches Amid LTC Price Surge
- The SEC will decide on the Canary Litecoin ETF by May 5.
- LTC trading volumes increased by 31%, reaching over $338 million.
- Approval odds for a Litecoin ETF are estimated at 90%.
- Analyst Crypto Patel predicts LTC price targets of $255 and $500 in the short term.
- LTC is currently trading around $87.00 after breaking out from a resistance line.
The SEC’s decision on the Canary Litecoin ETF is imminent, with approval odds at 90%. Meanwhile, LTC’s trading volume has surged, and analysts predict potential price targets of up to $500.
Source (2.6)https://coingape.com/litecoin-etf-approval-odds-improve-ltc-price-eyes-500-target/?rand=24432