#LitecoinETF

Litecoin is a decentralized cryptocurrency that allows for instant, low-cost payments anywhere in the world. It was created in 2011 by Charlie Lee and is similar to Bitcoin, but with some key differences, such as faster block processing time and a different proof-of-work algorithm¹.

In terms of its market performance, Litecoin has experienced significant fluctuations in value. In 2013, its value reached a peak of around $45, and in 2017, its value increased significantly, reaching a peak of around $370. However, since then, its value has declined and it has experienced significant volatility².