#LitecoinETF

Litecoin (LTC) has recently experienced a significant price surge, climbing to $134.91. This upward momentum is largely attributed to speculation surrounding the potential approval of a Litecoin exchange-traded fund (ETF). Notably, Canary Capital has filed for a Litecoin ETF, and Nasdaq has submitted official documentation to the Securities and Exchange Commission (SEC) for consideration. Analysts project that, if approved, such an ETF could attract between $290 million and $580 million in its first year, based on adoption patterns observed with Bitcoin ETFs. Additionally, large investors have accumulated approximately 250,000 LTC (around $30 million) over the past week, indicating growing institutional interest.