As of February 21, 2025, Litecoin (LTC) is trading at approximately $134.65.

Recently, daily transactions of Litecoin increased by 243% over the last five months, coinciding with the growing anticipation surrounding the approval of a spot Litecoin ETF. Notably, the Canary Capital spot Litecoin ETF has been included in the Depository Trust and Clearing Corporation (DTCC) under the symbol LTCC, marking a significant step towards its potential launch.

Market analysts are optimistic about Litecoin's trajectory, suggesting that the cryptocurrency is poised for a major bullish breakout. Projections indicate that LTC could reach new all-time highs in the coming months, driven by increased institutional interest and favorable regulatory developments.

However, it is important to note that recent market fluctuations have been influenced by significant events, such as the U.S. Securities and Exchange Commission (SEC) confirming the Bitwise Litecoin ETF, which caused a temporary price pullback.

Investors are advised to stay informed about ongoing events and conduct thorough research before making related investment decisions.