#LitecoinETF

The recent speculation surrounding the approval of a Litecoin ETF has led to a notable increase in its network activity and market value. According to data from Santiment, Litecoin daily transactions reached $9.6 billion in the past week, representing a 243% increase in five months. In addition, Litecoin’s market capitalization increased by 46% between February 2 and 19. This enthusiasm is due in part to moves such as CoinShares’ application to list a Litecoin ETF on Nasdaq and the appearance of Canary Capital’s ETF on the DTCC system under the ticker LTCC. While these developments do not guarantee regulatory approval, they do reflect growing institutional interest in Litecoin.