💥The dilemma of the ETF of #Litecoin
Despite the high probability of a Litecoin ETF, analyst Mike Fay doubts its relevance. According to Fay, unlike Bitcoin and Ethereum, Litecoin lacks a narrative that attracts capital flows.
CoinShares data shows monthly fund outflows, suggesting a lack of market interest. Therefore, even with an ETF, Litecoin could be sidelined, highlighting that utility does not always guarantee success in the market.
