The U.S. Securities and Exchange Commission (SEC) has approved the first spot ETF for Litecoin, the Canary Capital Litecoin Spot ETF (LTCC), which is now trading on Nasdaq. This ETF provides investors with direct exposure to physical Litecoin, with custody managed by Coinbase and BitGo. The fund charges a 0.95% management fee and recorded a trading volume of approximately $400,000 within its first 30 minutes. Litecoin founder Charlie Lee hailed the approval as a historic milestone for the network, which has operated with 100% uptime since its inception in 2011.