Weekly Wire | Litecoin ETF Decision Looms, and BTC Inflows Surge Again

Digital asset markets are maintaining their upward trajectory, with crypto investment products drawing in $2 billion last week alone. This marks the third consecutive week of growth, pushing total inflows over the past 21 days to $5.5 billion—a clear indicator of rising investor optimism amid turbulent macroeconomic signals (BeInCrypto). 

Litecoin ETF Decision Expected Today 

Today could be a pivotal moment for Litecoin. The U.S. Securities and Exchange Commission (SEC) is expected to make a decision on Canary Capital’s spot Litecoin ETF proposal. Unlike other crypto ETF applications facing postponements, this one is proceeding on schedule. Market bettors on Polymarket place approval odds at 79%—the most bullish outlook since mid-March (BeInCrypto). 

The decision could serve as a litmus test for how receptive regulators are becoming to alternative crypto ETFs, potentially paving the way for further diversification in crypto-based investment products. 

Bitcoin’s Market Share Approaches 65% 

Bitcoin’s dominance in the overall crypto market has surged to 64.98%, the highest since 2021. This spike has sparked debate over whether an altcoin season is imminent or if Bitcoin will continue to consolidate its lead (BeInCrypto). 

Some analysts argue that 65% represents a psychological resistance level, often preceding capital rotation into altcoins. However, others point to macroeconomic variables like Federal Reserve policy and on-chain development activity as more reliable indicators of whether altcoins will follow suit. 

Semler Scientific Expands Bitcoin Holdings 

Public companies are increasingly treating Bitcoin as a strategic asset. Medical technology firm Semler Scientific revealed a fresh acquisition of 167 BTC, worth $16.2 million, funded mainly through common stock issuance. This brings its total holdings to 3,634 BTC, valued at approximately $322.3 million (CoinDesk). 

The firm’s growing Bitcoin treasury reflects a broader shift among corporates toward decentralized assets as part of their financial strategy. 

Closing Takeaway 

While macro and political uncertainties remain, crypto continues to draw investor interest at a rapid pace. Institutional inflows, ETF speculation, and corporate balance sheet allocations are helping build momentum for what could be the next leg of the bull market. 

As Bitcoin tightens its grip on market share and regulatory decisions loom, investors are closely watching for signs of a broader crypto rotation—or the reaffirmation of BTC as the space’s unrivaled leader. 

Financial Advice Disclaimer: Nothing in this article constitutes professional or financial advice, performance data or any recommendation that any specific cryptocurrency, portfolio, index, investment product, transaction or investment strategy is suitable for any specific person. You assume the sole responsibility of evaluating the merits and risks associated with all financial decisions and should seek the advice of a registered financial advisor when in doubt.