#LitecoinETF Here are the latest news about Litecoin ETF:
1. Filing: Canary Capital has filed for the first Litecoin (LTC) ETF with the US Securities and Exchange Commission (SEC) in October 2024. If approved, the ETF will allow investors to gain direct access to Litecoin.
2. Price surge: Rumors of a possible Litecoin ETF have led to a 10% price surge. Institutional interest in Litecoin is growing, which could help it gain SEC approval.
3. Positive signs: The SEC has officially acknowledged Canary Capital’s application, which is an important step towards possible ETF approval. This opens the door for public comment and could make Litecoin the third cryptocurrency after Bitcoin and Ethereum to receive an ETF in the US.
This news is a sign of positive developments in the cryptocurrency market and the possibility of wider adoption of Litecoin among investors.