Below is on-chain data insights regarding Litecoin ETF:

Market Trading Data

1. Surge in Trading Volume: Driven by expectations of the Litecoin ETF, the daily trading volume of Litecoin reached $9.6 billion on February 21, 2025, a significant increase compared to previous levels.

2. Open Interest Hits New Highs: According to Coinglass data, Litecoin's open interest recently soared to $840 million, setting a new historical high, indicating that market sentiment towards Litecoin is becoming more bullish.

3. Strong Price Performance: The price of Litecoin broke $130 in February 2025, with a 13% increase over the past seven days, outperforming most cryptocurrencies. Since early November, the price of LTC has doubled, exceeding the overall increase of 42% in the crypto market.