With the approval of Bitcoin and Ethereum ETFs, the cryptocurrency market has ushered in new development opportunities. Solana is also actively applying. It is worth everyone's attention.

This shows that the financial productization process of major cryptocurrencies is accelerating.

After Solana, the next currency that may apply for ETFs has attracted much attention. According to current news and market conditions, Litecoin (sometimes called "digital silver") is very likely to become the next cryptocurrency to apply for ETFs. Litecoin has demonstrated its value and stability in the cryptocurrency market, and the successful cases of ETF products in the global silver market have provided favorable conditions for Litecoin to apply for ETFs.

Unlike XRP, Litecoin has a relatively small issuance volume, which helps it avoid potential oversupply problems when applying for ETFs. At the same time, Litecoin is different from forked coins such as BCH and has its own unique market positioning and user base. The total amount of Litecoin is less than 100 million. After years of market washing, its value and potential have been widely recognized by the market.

If Litecoin successfully applies for ETFs, it is expected to attract more attention from institutional and retail investors, which may drive its price up significantly and even break through the psychological barrier of $500.