#LitecoinETF
#LitecoinETF stands for Litecoin Exchange Traded Fund. It is a type of investment that aims to expose investors to the price movement of Litecoin (LTC) by holding it as an asset or replicating its value through derivatives. It permits investors to track LTC price movement without requiring them to directly own, store, or manage the cryptocurrency.
Rather than buying cryptocurrency through individual transactions, investors may use an ETF for investing. Buying or selling shares in an ETF may be accomplished using an EFT ( Electric Funds Transfer).
According to The Securities and Exchange commission posted and acknowledgement for rule change to list the Coin shares spot Litecoin ETF on the Nasdaq on feb 19.
Meanwhile, a listing of Canary Capital's Litecoin ETF was spotted on the Depository Trust and Clearing Corporation (DTCC) system under the ticker LTCC on Feb 20,
