๐ช ๐๐ถ๐๐ฒ๐ฐ๐ผ๐ถ๐ป'๐ ๐๐๐น๐น๐ถ๐๐ต ๐ ๐ถ๐ป๐ถ ๐ฅ๐๐ป: ๐ช๐ต๐ฎ๐โ๐ ๐๐ฟ๐ถ๐๐ถ๐ป๐ด ๐๐? ๐ช
Litecoin $LTC is experiencing a significant price surge, fueled by growing institutional interest. Canary Capital recently submitted an application to the U.S. SEC for a Litecoin-based ETF, marking a crucial step in legitimizing LTC as an institutional asset. This follows a broader trend of crypto ETFs, with Solana and XRP also seeing applications. Litecoinโs longevity, with 100% uptime since its launch, adds to its appeal for institutional investors.
Additionally, a bullish sentiment in the crypto market is supporting Litecoinโs rise, with the Fear & Greed Index currently indicating a positive outlook.
Do you think Litecoin's ETF will receive SEC approval?
Source: The Coin Republic.