🚀LATEST: Grayscale launches Litecoin Trust ($LTC ) allowing institutional investors to access LTC easily.
This tool enables institutional investors to easily access LTC, potentially attracting large cash flows from ETF funds, similar to the Bitcoin ETF. If the SEC approves the Litecoin ETF, confidence in LTC will increase, driving liquidity and prices up, especially as LTC is viewed as "digital silver" with low transaction fees and fast speeds.
LTC is a digital asset created and transmitted over the decentralized peer-to-peer Litecoin Network consisting of nodes and miners operating on cryptographic protocols.
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