#LitecoinETF The arrival of the Litecoin ETF is like a lunar eclipse for the crypto market: a conjunction of dark and light forces.

It is coming because the US Securities and Exchange Commission (SEC) could soon approve Canary Capital's application.

Analysts see Litecoin as a viable candidate for approval, due to its status as a Bitcoin fork and a commodity.

The approval of the ETF could trigger a surge in the price of Litecoin, thus breaking the cycle of financial darkness.

The darkness dissipates, revealing details of the Litecoin ETF.

- The Litecoin exchange-traded fund (ETF) proposed by Canary Capital Group has been added to the Depository Trust & Clearing Corporation (DTCC) list.

- The ticker of the fund is LTCC and does not represent a regulatory approval, but it is a necessary step for its launch ¹.

- Bloomberg Intelligence ETF specialist Eric Balchunas believes the probability of approval is 90%.

- Approval could boost Litecoin adoption and liquidity in traditional financial markets.