#LitecoinETF

Until now, crypto ETFs have mostly focused on Bitcoin and Ethereum. But Litecoin has been around since 2011, proving itself as a reliable, fast, and low-fee alternative to Bitcoin 〽️

A company called Canary Capital has filed for a spot Litecoin ETF with the SEC. The filing is now under review, and the public has until February 25, 2025, to submit comments

Litecoin's network activity is surging. Daily transaction volumes have jumped 243% in the last five months, hitting $9.6 billion recently

If the ETF gets approved, expect:

↗️More institutional money flowing into Litecoin

↗️Higher liquidity in the market

↗️A possible price rally as demand increases