#LitecoinETF Litecoin (LTC) ETFs are gaining interest in the cryptocurrency market. Recently, Canary Capital’s LTC ETF was listed on the DTCC under the ticker LTCC, a key step before its possible approval by the SEC. While it does not guarantee its launch, it does indicate growing institutional interest.

Other asset managers, such as Grayscale and CoinShares, have also filed applications for LTC ETFs, reflecting a trend towards regulated financial products based on cryptocurrencies. This has coincided with a 243% increase in Litecoin daily transactions in recent months, suggesting increased adoption.

Litecoin is currently trading around $135.21 USD, with an upward trend that could be influenced by expectations around these ETFs. If the SEC approves one, it would provide investors with a regulated avenue to gain exposure to LTC, boosting its liquidity and legitimacy in the traditional market.