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$LTC
The anticipation for the Litecoin ETF is heating up!
The world of cryptocurrencies is excited about the emergence of the Canary Litecoin ETF (ticker: LTCC) on the DTCC platform, indicating possible progress toward approval. While this does not guarantee a green light, Bloomberg's Eric Balchunas notes that it is a crucial step in the preparations, with **90% likelihood** that a spot LTC ETF will be approved in 2024, higher than Solana or XRP ETFs!
Echoing the anticipation of the Bitcoin ETF, ETF Store president Nate Geraci joked: "Here we go again," suggesting a familiar regulatory manual. Meanwhile, **CoinShares** has formally submitted the application to include its Litecoin ETF on Nasdaq, now under SEC review. If approved, investors could trade LTC through traditional markets without direct exposure to cryptocurrencies.
Litecoin's price **increased by 46% in February**, fueling the frenzy and raising its market capitalization to $10.2 billion. Will Wall Street's acceptance of LTC trigger a new wave of altcoin ETFs? Stay tuned: the SEC's decision could change accessibility to cryptocurrencies! đđ
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The anticipation for the Litecoin ETF is heating up!
The world of cryptocurrencies is excited about the emergence of the Canary Litecoin ETF (ticker: LTCC) on the DTCC platform, indicating possible progress toward approval. While this does not guarantee a green light, Bloomberg's Eric Balchunas notes that it is a crucial step in the preparations, with **90% likelihood** that a spot LTC ETF will be approved in 2024, higher than Solana or XRP ETFs!
Echoing the anticipation of the Bitcoin ETF, ETF Store president Nate Geraci joked: "Here we go again," suggesting a familiar regulatory manual. Meanwhile, **CoinShares** has formally submitted the application to include its Litecoin ETF on Nasdaq, now under SEC review. If approved, investors could trade LTC through traditional markets without direct exposure to cryptocurrencies.
Litecoin's price **increased by 46% in February**, fueling the frenzy and raising its market capitalization to $10.2 billion. Will Wall Street's acceptance of LTC trigger a new wave of altcoin ETFs? Stay tuned: the SEC's decision could change accessibility to cryptocurrencies! đđ
đđ˝ââď¸ Follow me for more information ...
#Followmeplase
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