#LitecoinETF
As of February 21, 2025, Litecoin (LTC) is trading at approximately $134.65.
Recently, Litecoin daily transactions increased by 243% over the past five months, which coincides with the growing anticipation surrounding the approval of a Litecoin spot ETF. Notably, Canary Capital’s Litecoin Spot ETF has been listed on the Depository Trust and Clearing Corporation (DTCC) under the ticker LTCC, marking a significant step towards its potential launch.
Market analysts are optimistic about Litecoin’s trajectory, suggesting that the cryptocurrency is primed for a major bullish breakout. Projections indicate that LTC could reach new all-time highs in the coming months, driven by increased institutional interest and favorable regulatory developments.
However, it is important to note that recent market fluctuations have been influenced by major events, such as the US Securities and Exchange Commission (SEC) confirming Bitwise's Litecoin ETF, which caused a temporary price pullback.