#LitecoinETF With guidance from Canary’s CEO, Steven McClurg, the former co-founder and Chief Investment Officer of Valkyrie Funds, the issuers of the Coinshares Valkyrie Bitcoin Fund ETF, Steven established Canary Capital to drive innovation and deliver actively managed private strategies to meet institutional demand for sophisticated cryptocurrency investment solutions. If approved, the ETF will provide both consumer and institutional investors with wide-spread direct exposure to Litecoin ‘LTC’.
#LitecoinETF Litecoin, which celebrated its 13th anniversary on October 13th, is the longest-running blockchain with 100% uptime, a remarkable achievement.
Litecoin usage is at an all time high, with over 77 million transactions so far in 2024 (as of Oct 11th) up from a record 67 million in 2023.
Built on a similar codebase to Bitcoin, reinforcing its position as a secure and non-security asset.
In technical details, the Litecoin main chain shares a slightly modified Bitcoin codebase. The practical effects of those codebase differences are lower transaction fees, faster transaction confirmations, and faster mining difficulty retargeting. Making LTC a leading solution for many of Bitcoin's problems, including micro-transactions and remittances.