#LitecoinETF
🚨On this Thursday, Canary Capital's spot Litecoin ETF application passed another hurdle and became the first to be listed on the Depository Trust and Clearing Corporation's website.The SEC received and published Grayscale’s application to convert Litecoin Trust into a spot ETF.
😁😁Litecoin ETFs may offer more convenient trading than directly owning Litecoin.
Investing in Litecoin ETFs carries inherent risks, such as price volatility and potential tracking errors.
Regulators must approve Litecoin ETFs before they can be widely available in the market.The chances of this approval are very high probably because Litecoin is a proof-of-work cryptocurrency that emerged from a Bitcoin btc -2% Bitcoin hard fork. Its main difference from Bitcoin is on the maximum supply.