Litecoin (LTC) is currently trading at $104.57, with a 0.32% increase over the past 24 hours ¹. The cryptocurrency has a market capitalization of $7.89 billion and a circulating supply of 75.51 million LTC ¹ ².
Recently, there have been discussions about the potential approval of a Litecoin spot ETF, which could significantly impact the cryptocurrency's price. Some experts predict that if approved, LTC's price could surge to $50,000 ².
In other news, Grayscale has filed to list its Litecoin Trust as an exchange-traded product (ETP) on the NYSE Arca, which could provide investors with a new way to gain exposure to LTC ².
*Key Statistics:*
- _Current Price:_ $104.57 ¹
- _Market Capitalization:_ $7.89 billion ¹ ²
- _Circulating Supply:_ 75.51 million LTC ¹ ²
- _24-Hour Price Change:_ 0.32% ¹