SEC Positioned to Approve First Litecoin ETF Amid Growing Crypto Presales

The next cryptocurrency likely to have its own ETF is Litecoin, following an amendment to its application by Canary Capital. This development suggests potential SEC approval, positioning Litecoin ahead of other candidates like Solana and XRP. Key details include:

  • Litecoin's ETF application was recently amended.
  • Canary Capital filed for three ETFs: Solana, Litecoin, and XRP in October 2024.
  • Despite being lower in market cap than Solana and XRP, Litecoin appears favored for the next ETF launch.

The anticipation around ETFs could drive further growth in the crypto market. Additionally, several new projects are emerging with high growth potential:

  • Wall Street Pepe ($WEPE) – Memes and trading insights, ongoing presale raised over $49M.
  • Poke Casino ($POKE) – A Telegram-based casino integrating gaming and NFTs.
  • MIND of Pepe ($MIND) – Merges AI technology with meme coins for market analysis.
  • Dreamcars ($DCARS) – Facilitates fractional ownership in luxury car rentals powered by NFTs.
  • Meme Index ($MEMEX) – Offers diversified indexes for various meme coins.

The SEC's decisions and the appointment of a new chair may influence the meme coin market significantly in 2025. Investors should conduct thorough research as these projects develop.