#LitecoinETF 🔮Canary Capital's Litecoin Spot ETF🔮
Litecoin (LTC) has recently seen a surge in interest due to the potential launch of a Litecoin spot ETF. Canary Capital has listed its ETF on the Depository Trust and Clearing Corporation (DTCC)📈, marking a key step toward approval from the U.S. Securities and Exchange Commission (SEC). Although approval is not guaranteed, this move has boosted investor optimism, with Litecoin’s price rising by 46% over the past two weeks.🚀
The listing has also led to a significant uptick in Litecoin’s daily transaction volumes, reaching $9.6 billion💰. As the SEC reviews various crypto ETFs, the positive market sentiment around the potential launch has been evident, pushing Litecoin to new heights. While the final approval from the SEC is still pending, the ETF’s listing and growing investor confidence suggest a strong possibility of it being approved soon, which could further impact Litecoin’s market performance and investor behavior 🔮.$ETH