#LitecoinETF

The likelihood of approval for the Litecoin fund on Polymarket has increased by 35% since Thursday, reaching 85% on Friday. This comes after the listing of the Canary Capital application in the DTCC system under the code LTCC.

“The Litecoin fund from Canary Capital has been listed in the depository and clearing company system under the code LTCC! The DTCC is a key part of the global financial markets and processes trillions of dollars in securities transactions every day,” the Litecoin Foundation shared on X (Twitter).

The chances of approval for the Litecoin Exchange-Traded Fund (ETF) on Polymarket stand at 85% today, following the secure listing of the proposed instant Litecoin fund from Canary Capital in the Depository and Clearing Company (DTCC) system.

This represents a significant development in the U.S. race for more approvals of alternative digital currency exchange-traded funds. The first fund, an Ethereum fund, was approved by the U.S. Securities and Exchange Commission (SEC) in May 2024.