Litecoin has hit a five-month high of $128.40 amidst rumors of ETF approval and corporate treasury investment. Despite a slight pullback, LTC is up 5.8% in the past 24 hours and 12.3% in the past week, with a market cap of $9.4 billion. The odds of a Litecoin ETF being approved in 2025 currently stand at 80%, according to Polymarket. MEI Pharma recently closed a $100 million private placement to become a Litecoin treasury firm, driving recent success more than ETF rumors. This move could pave the way for Litecoin to benefit from future corporate treasury investments.

Read more at Yahoo Finance: Litecoin Hits Five-Month High Amid ETF Optimism and $100M MEI Pharma Treasury