Grayscale withdraws its 19b-4 proposals for three counterfeit coin ETFs, and the related applications were terminated by the end of 2025. Changes to the general listing rules are reshaping the approval path—signals are clear: institutional expectations for the compliance route for certain altcoins are cooling.
From a strategy perspective, this type of event directly affects “ETF expectation premium.” FIL’s current price is $0.7061, down 0.7% over 24 hours; LTC’s current price is $45.57, down 1.3% over 24 hours—both were the top underlying targets for ETF expectations earlier. As the funding-flow narrative fades, it often happens before the price fully reflects it. The current weakness and the withdrawal of the application are happening in sync.
Looking at historical patterns, every time an ETF expectation fails, the price gets pushed back below the zone where holdings are most concentrated. FIL and LTC’s current declines have not yet exceeded the normal range for event-driven moves; the real support confirmation will depend on subsequent volume. #FIL
From a strategy perspective, this type of event directly affects “ETF expectation premium.” FIL’s current price is $0.7061, down 0.7% over 24 hours; LTC’s current price is $45.57, down 1.3% over 24 hours—both were the top underlying targets for ETF expectations earlier. As the funding-flow narrative fades, it often happens before the price fully reflects it. The current weakness and the withdrawal of the application are happening in sync.
Looking at historical patterns, every time an ETF expectation fails, the price gets pushed back below the zone where holdings are most concentrated. FIL and LTC’s current declines have not yet exceeded the normal range for event-driven moves; the real support confirmation will depend on subsequent volume. #FIL