$LTC will provide both institutional and retail investors with a simpler and more secure way to invest in Litecoin without having to directly hold the asset.

However, there are some challenges. Litecoin is not as popular as Bitcoin and Ethereum in terms of institutional adoption, so demand for this ETF may be lower. Additionally, regulators may be more cautious because Litecoin does not have a clear advantage over Bitcoin in terms of investment narrative.

If a Litecoin ETF is approved, LTC prices could surge due to increased demand. But in the long run, its impact will depend on how many investors truly view the value of Litecoin as an investment asset rather than just short-term speculation.