#LitecoinETF Litecoin (LTC) is currently trading at $129.07, experiencing a slight decrease of 0.11% from the previous close.

The recent surge in Litecoin's price and activity is largely attributed to the anticipation of a spot Litecoin Exchange-Traded Fund (ETF). Canary Capital's proposed Litecoin ETF has been listed on the Depository Trust and Clearing Corporation (DTCC) system under the ticker LTCC, indicating progress toward its potential launch.

Market analysts suggest that the approval of a Litecoin ETF by the U.S. Securities and Exchange Commission (SEC) could further boost Litecoin's market performance.

Additionally, data from Santiment indicates a 243% increase in daily Litecoin transactions over the past five months, coinciding with the growing ETF excitement.

While the DTCC listing is a significant step, the ETF's launch is contingent upon SEC approval. Investors are closely monitoring these developments, as an approved Litecoin ETF could provide regulated exposure to the cryptocurrency, potentially influencing its demand and price dynamics.