🚀 Fresh Litecoin News! 🚀

- Litecoin (LTC) is up 7.5% over the past 24 hours, reaching $70.50 on Oct. 16.

- This surge is due to Canary Capital's recent announcement of applying for a Litecoin ETF.

- If approved, this ETF could attract more institutional investment in LTC.

- Analysts predict a potential bull cycle, with potential prices between $200 and $300 in the long term.

- Open interest in LTC futures has also risen, indicating optimism in the market.

What do you think about this move? Leave us your comments! 💬