Background

Litecoin (LTC) is a cryptocurrency created in 2011 by Charlie Lee as a "lighter" alternative to Bitcoin. In 2024, several asset managers filed for Litecoin ETFs, following the successful approval of Bitcoin and Ethereum ETFs. Bloomberg ETF analysts James Seyffart and Eric Balchunas have assigned a 90% chance for Litecoin ETF approval in 2025.

The SEC has up to 240 days to make a decision after receiving an application, though this timeline can be extended if amendments are filed. Based on current applications and timelines, the earliest possible approval could come in June 2025, with the final SEC decision for several crypto ETFs, including Litecoin, expected between October 2 and October 18, 2025.

Resolution Criteria

This market will resolve to the month when the SEC officially approves the first Litecoin ETF. If multiple Litecoin ETFs are approved simultaneously, the date of the first announcement will determine resolution.

The market will resolve to:

• "July or before" if approval occurs on or before July 31, 2025

• "August" if approval occurs between August 1-31, 2025

• "September" if approval occurs between September 1-30, 2025

• "October" if approval occurs between October 1-31, 2025

• "November" if approval occurs between November 1-30, 2025

• "December or later" if approval occurs on or after December 1, 2025, or if no approval occurs by the end of 2025

If the SEC rejects all Litecoin ETF applications without approving any, the market will resolve to "December or later."

Considerations

The approval timeline could be affected by several factors:

• Changes in SEC leadership or regulatory approach

• Market conditions or crypto volatility

• Amendments to existing applications

• Regulatory developments affecting the broader cryptocurrency market

• The success or issues with previously approved crypto ETFs (Bitcoin, Ethereum)

  Background

  Litecoin (LTC) is a cryptocurrency created in 2011 by Charlie Lee as a "lighter" alternative to Bitcoin. In 2024, several asset managers filed for Litecoin ETFs, following the successful approval of Bitcoin and Ethereum ETFs. Bloomberg ETF analysts James Seyffart and Eric Balchunas have assigned a 90% chance for Litecoin ETF approval in 2025.

  The SEC has up to 240 days to make a decision after receiving an application, though this timeline can be extended if amendments are filed. Based on current applications and timelines, the earliest possible approval could come in June 2025, with the final SEC decision for several crypto ETFs, including Litecoin, expected between October 2 and October 18, 2025.

  Resolution Criteria

  This market will resolve to the month when the SEC officially approves the first Litecoin ETF. If multiple Litecoin ETFs are approved simultaneously, the date of the first announcement will determine resolution.

  The market will resolve to:

  • "July or before" if approval occurs on or before July 31, 2025

  • "August" if approval occurs between August 1-31, 2025

  • "September" if approval occurs between September 1-30, 2025

  • "October" if approval occurs between October 1-31, 2025

  • "November" if approval occurs between November 1-30, 2025

  • "December or later" if approval occurs on or after December 1, 2025, or if no approval occurs by the end of 2025

  If the SEC rejects all Litecoin ETF applications without approving any, the market will resolve to "December or later."

  Considerations

  The approval timeline could be affected by several factors:

  • Changes in SEC leadership or regulatory approach

  • Market conditions or crypto volatility

  • Amendments to existing applications

  • Regulatory developments affecting the broader cryptocurrency market

  • The success or issues with previously approved crypto ETFs (Bitcoin, Ethereum)