Market analysts predict that a Litecoin ETF approval could significantly impact LTC market dynamics, boosting liquidity and attracting institutional investors.
However, the SEC's decision remains pending, with the market closely monitoring updates.
Meanwhile, Litecoin network activity has surged, with active addresses reaching a record 1.4 million on December 8, 2023.
This uptick is attributed to the introduction of the LTC-20 token standard, enhancing network functionality and appeal.