Litecoin ETF Approval Probability Reaches 85% On Polymarket

According to BlockBeats, as of February 21, data from the official website indicates that the probability of a Litecoin ETF being approved this year is currently reported at 85% on Polymarket. CoinGecko data shows that Litecoin's market capitalization is currently valued at $10.18 billion, ranking it 18th among cryptocurrencies, with a 24-hour increase of 2.4%. BlockBeats previously reported that at 7 a.m. on February 21, the Canary Litecoin Spot ETF was listed on the DTCC website under the code LTCC, with the creation/redemption section marked as D. Although this listing does not imply any regulatory approval or definitive outcome of the approval process, being listed on the DTCC website is considered a standard procedure for launching a new ETF.