PANews reported on January 16 that Eric Balchunas, an ETF analyst at Bloomberg, wrote on the X platform that we heard that the S-1 application form for Litecoin ETF has received a response from the SEC, which seems to confirm our prediction that Litecoin is most likely to become the next approved cryptocurrency ETF. That being said, the new chairman of the SEC has not yet taken office, which is a huge variable.