#LitecoinETF

The odds of a Litecoin ETF being approved on Polymarket have increased by 35% since Thursday, to 85% on Friday. This comes after Canary Capital’s application was listed on the DTCC system under the ticker LTCC.

“Canary Capital’s Litecoin ETF has been listed on the Depository and Clearing Corporation (DTCC) system under the ticker LTCC! The DTCC is a core part of the global financial markets and processes trillions of dollars in securities transactions every day,” the Litecoin Foundation shared on Twitter.

The odds of a Litecoin ETF being approved on Polymarket have increased to 85% today, after Canary Capital’s proposed Litecoin spot fund was securely listed on the Depository and Clearing Corporation (DTCC) system.

This marks a major development in the US race to further approve alternative cryptocurrency ETFs. The first ETF, an Ethereum ETF, was approved by the US Securities and Exchange Commission (SEC) in May 2024.