TLDR
- The SEC has extended its review period for Grayscale’s proposed spot Litecoin ETF.
- The new deadline for the SEC decision on the Litecoin ETF is October 10, 2025.
- Litecoin has gained 27% this month despite the regulatory delay.
- The price of Litecoin is holding steady near $109 after a recent pullback.
- Analysts see strong technical signals that could support a breakout toward $120.
Litecoin has maintained a firm position near $109.5 after gaining 27% in July amid a broader crypto market rally. The altcoin’s price action remains strong despite a recent pullback and the US SEC’s delay in deciding on the Litecoin ETF. Market participants continue to track bullish signals and potential breakout patterns across various technical timeframes.
Litecoin ETF Delay Adds Regulatory Uncertainty
The United States Securities and Exchange Commission (SEC) has extended the review process for the proposed Grayscale Litecoin ETF. The commission stated that it requires more time to evaluate the rule change and relevant regulatory concerns. This delay now pushes the new decision deadline to October 10, 2025, affecting near-term market expectations.
The proposed Litecoin ETF seeks to convert the existing Grayscale Litecoin Trust into a spot exchange-traded fund. This move would give institutional and retail investors regulated access to Litecoin through traditional financial markets. However, the SEC’s delay highlights the ongoing challenges facing crypto-based investment products.
Despite the delay, the Litecoin ETF continues to be a central topic in crypto investment circles. Market analysts believe that approval could trigger renewed inflows and increased exposure for Litecoin. Still, the extended timeline suggests continued regulatory scrutiny on digital asset funds.
Technical Patterns Suggest Price Expansion
Analysts identify strong technical indicators supporting a potential price breakout for Litecoin in the short and medium term. Crypto analyst Ali Martinez believes maintaining support above $108 could lead to upward momentum toward the $115–$120 range. This price level has become a critical zone for short-term buyers aiming to push LTC higher.
If Litecoin $LTC holds above $108, it could gather momentum for a rebound to $115 or even $120! pic.twitter.com/PbHXzj3VZh
— Ali (@ali_charts) July 29, 2025
Meanwhile, crypto trader Carl Moon observes a symmetrical triangle forming on lower timeframes for Litecoin, suggesting a significant move ahead. A breakout above $113.60 could signal strength, while a breakdown below $103.40 may signal downside risk. Momentum remains neutral as traders wait for confirmation from either side.
#Litecoin is forming this symmetrical triangle on smaller timeframes, which could be used as a potential entry point.
📈 Bullish – $113,60
📉 Bearish – $103,40🟨 Trade $LTC on WEEX — https://t.co/9OSGqK8UTY – NO KYC – Earn 20% Deposit Reward (Up to $30,000 for Whales) + FREE… pic.twitter.com/0DYc83SygK
— Carl Moon (@TheMoonCarl) July 30, 2025
On the weekly chart, LTC price consolidates within a larger symmetrical triangle structure, potentially supporting a long-term move toward $200. The formation aligns with bullish expectations surrounding altcoins, including increased accumulation activity by large holders. Analysts continue to monitor volume patterns and trend strength.
Whale Activity and Broader Sentiment Fuel Support
Litecoin has also benefited from increasing whale accumulation during the recent market recovery. On-chain data suggests large holders have been actively buying Litecoin throughout July, bolstering support above key levels. This behavior indicates growing interest ahead of potential ETF approval.
The broader sentiment in the crypto space has remained optimistic despite regulatory delays and price fluctuations. Many view the Litecoin ETF as a crucial development for Litecoin’s legitimacy in traditional markets. However, until the SEC rules, the uncertainty around approval timelines continues.
