The market has taken to the Wednesday news, pushing the altcoin to a $88 peak, though gains have since cooled to just 1.84% today—a potential “sell-the-news” event.

Retail liquidity remains thin under heavy market FUD, but an expansion into different investment markets could levee the burden as “Liberation Day” tariffs roll in.

The March-long sell-off fueled by recent economic uncertainty—recession fears bolstered by Trump’s “tariff war” escalations—knocked Litecoin down 35%.

Why Fidelity’s Crypto IRA Could Be Huge

The IRA plan comes amid growing demand for tax-advantaged crypto investment options.

A Bitwise/VettaFi 2025 benchmark survey found that 56% of financial advisors were more likely to invest in crypto-based products post-election.

Fidelity already offers a suite of crypto exchange-traded funds (ETFs), allowing investors to track digital asset prices without direct exposure.

Its Bitcoin ETF and Ethereum ETF have been highly successful, amassing $16.66 billion and $975 million, respectively.

While a crypto IRA may not have the same institutional appeal, it offers a similar value proposition—giving investors access to crypto without the complexities of direct ownership.

Notably, Litecoin is also in the running for a potential ETF with crypto fund manager Canary Capital.

Litecoin Price Analysis: Can the IRA Stop the Decline

Increased market demand for Litecoin is unlikely to offset broader bearish market sentiment, especially as technical indicators point toward a potential decline to past lows.

Litecoin has invalidated a massive symmetrical triangle pattern forming since 2022, following a four-month-long false breakout.

The consolidation channel it had traded in since December has given way to a decline, slipping back below the triangle’s upper boundary.

The channel breakdown projects lows around $60, marking a 26% decline from current prices.

This scenario seems credible, with the MACD line maintaining its downtrend below the signal line—an indication of waning buying pressure.

The Relative Strength Index (RSI) follows suit, trending deeper into the bearish territory after losing its position above the neutral line, currently at 43.

However, once materialized, this bottom stands as a potential launchpad, aligning with a historic support zone that has marked Litcoin bottoms since 2018.

Litecoin Might Not See the Best of Fidelity’s IRA

Those who jumped to Litecoin as an alternative to Bitcoin (BTC) may be forced to reconsider as Bitcoin Bull (BTCBULL) offers a new way to capitalize on the leading cryptocurrency’s tailwinds.

While Bitcoin provides stable gains, it often sacrifices upside potential. But that dynamic could shift with Bitcoin Bull and its inclusion in Fidelity’s IRA.

True to its name, Bitcoin Bull ties its tokenomics to Bitcoin’s price growth in a deflationary model.

The project burns tokens and distributes BTC airdrops whenever Bitcoin reaches key milestones—starting at $125,000 and triggering new rewards for every $25,000 climb thereafter.

With some analysts forecasting BTC highs of $1 million by 2030, BTCBULL could become a Bitcoin Maxi’s best friend.

With over $4.4 million raised in its initial eight weeks, the project is already gaining strong momentum—potentially credited to its 95% APY on staking that rewards early investors.

You can keep up with Bitcoin Bull on X and Telegram, or join the presale on the Bitcoin Bull website.

The post Fidelity’s New Crypto IRA Could Be Huge for Litecoin – Here’s Why  appeared first on Cryptonews.

Chicago Board Options Exchange (Cboe) filed on March 25 to trade a spot Solana (SOL) exchange-traded fund (ETF) issued by Fidelity through the registration of a 19b-4 form. The move comes four days after Fidelity registered a Solana fund in Delaware.

As of Dec. 31, Fidelity registered $5.9 trillion in assets under management, making it the third-largest asset manager in the world. 

The firm also registers the second-largest inflows from spot Bitcoin (BTC) and Ethereum (ETH) ETFs traded in the US, amassing nearly $13 billion per Farside Investors’ data.

Notably, the move comes five days after the first SOL-related ETFs started trading in the US. Issuer Volatility Shares launched two products tracking the price of Solana futures contracts, one of which offers exposure with 2X leverage.

Solana ETF race

Fidelity joins the list of companies aiming to offer an SOL ETF in the US, along with 21shares, Canary Capital, Bitwise, VanEck, and Grayscale.

Comparing BTC and ETH exchange-traded products’ inflows to their market caps, JPMorgan estimated in January that SOL ETFs could see inflows between $3 billion and $6 billion.

Solana futures recently started trading in the US on the Chicago Mercantile Exchange (CME) on March 17, and initial volume indicates that traders have a decent appetite for SOL. 

K33 head of research Vetle Lunde pointed out that SOL futures traded $12.3 million on March 17, an underwhelming amount compared to BTC’s $102.7 million and ETH’s $31 million.

However, using the assets’ market caps to normalize the volumes, Lunde noted that the interest in Solana futures aligns with Bitcoin and Ethereum.

Competitive ETF landscape

Asset managers are testing regulatory boundaries in the US after President Donald Trump took the White House for a second term.

Filings for altcoin-related ETFs range from major-cap cryptos such as Litecoin (LTC), XRP, Cardano (ADA), and Polkadot (DOT) to medium-cap assets such as Hedera (HBAR) and Axelar (AXL).

Recently, Canary Capital filed for the first ETF tracking the price of a non-fungible token (NFT) collection. The fund will be exposed to the PENGU token and Pudgy Penguins NFTs if approved.

Even memecoins are considered for ETFs. For example, Bitwise filed a Dogecoin (DOGE) ETF in January, expanding the ETF race to new assets.

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