Cryptocurrency investors are speculating on the next ETF approval being for Ether, but recent developments have indicated the possibility of surprises. The CFTC has mentioned in the Kucoin case that both Ethereum and Litecoin are categorized as commodities. If the CFTC does not object to Coinbase's derivative product by April 1st, Litecoin, DOGE, and BCH will be officially acknowledged as commodities. This could lead to a potential increase in Litecoin prices in the near future.

Investors are also intrigued by rumors suggesting institutional interest in a Litecoin ETF, as shared by Eleanor Terrett. She highlighted the similarities between Litecoin and Bitcoin, indicating a possibility of SEC approval for a Litecoin ETF. Despite these developments, Litecoin is currently valued at $93 and has not seen the expected price surge.

The original post can be found on COINTURK NEWS: Litecoin’s Promising Outlook as Commodity Status Looms