Litecoin founder Charlie Lee has expressed optimism about the potential launch of a Litecoin spot ETF, following recent regulatory shifts by the SEC. These changes have previously led to the approval of Bitcoin and Ethereum ETFs, suggesting a similar path for Litecoin. The introduction of a Litecoin ETF could enhance passive exposure to the cryptocurrency and increase institutional interest, akin to the impact seen with Bitcoin and Ethereum ETFs.
Currently, Litecoin (LTC) is trading at $106.36, with a notable 70.09% change in 24-hour trading volume and a 26.64% increase over the past 90 days, as reported by CoinMarketCap. The anticipated ETF is expected to facilitate broader institutional participation in Litecoin, mirroring trends observed with Bitcoin and Ethereum.
Litecoin Spot ETF Expected Following SEC Regulatory Changes
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