#LitecoinETF As of February 21, 2025, there is no approved Litecoin (LTC) exchange-traded fund (ETF) in the United States. However, significant developments suggest that such a product may soon become available.

In October 2024, Canary Capital filed an S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) to launch the first Litecoin ETF. This filing marked a critical step toward expanded institutional access to Litecoin investments.

In January 2025, the SEC formally acknowledged Canary Capital's application, initiating a review process that could last up to 240 days. This acknowledgment moves the proposal into formal consideration, during which the SEC will evaluate market risks, investor protections, and regulatory compliance.

Additionally, Grayscale Investments has applied to convert its existing Grayscale Litecoin Trust (LTCN) into a spot ETF. This move aims to provide investors with regulated exposure to Litecoin, similar to Grayscale's Bitcoin and Ethereum trusts.

Industry experts, including Bloomberg's Senior ETF Analyst Eric Balchunas, suggest that Litecoin is a strong candidate to become the next cryptocurrency to receive an ETF wrapper in the U.S., following Bitcoin and Ethereum.

While these developments are promising, the approval of a Litecoin ETF is not guaranteed and depends on the SEC's comprehensive review process.