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The investment management firm's filing sparks a price rally, but regulatory approval remains uncertain.

Bitcoin Cash also joined Litecoin as a top performer, gaining 2.8% since Tuesday.

Litecoin's (LTC) price has increased by 6.70% today and reclaimed the $70 level for the first time in nearly two months. This notable increase comes after investment firm Canary Capital disclosed that it is pursuing a Litecoin exchange-traded fund (ETF) with the SEC.

Canary Capital, an asset manager, revealed on Tuesday that it has filed an S-1 registration with the United States Securities and Exchange Commission (SEC) to launch a Litecoin exchange-traded fund (ETF). If approved, the ETF will give both retail and institutional investors broad direct exposure to Litecoin (LTC), the 21st largest cryptocurrency by market capitalization.

Asset manager Canary Capital has officially filed an S-1 registration form with the United States Securities and Exchange Commission (SEC), less than a week after applying for an XRP-based ETF. The plan is to launch a spot exchange-traded fund (ETF) that would directly hold Bitcoin offshoot Litecoin (LTC).

As Bitcoin surges past the $67,000 mark, Litecoin price gains momentum amid the broader market recovery. Adding a boost to the bullish sentiments, the recent move from the Canary Capital, filing an S-1 form for a Litecoin ETF with the U.S. Securities and Exchange Commission, increases the breakout rally possibility.

Canary Capital has recently filed with the SEC for a Litecoin-focused ETF, following up on its earlier application for an XRP ETF this month.

Canary Capital's spot Litecoin ETF application has sparked a price surge and bullish projections for LTC, with analysts speculating on potential gains similar to those seen with Bitcoin's ETF approval.

Litecoin surged to its two-month highs following the news of a spot Litecoin ETF filing with the U.S. Securities and Exchange Commission. Litecoin (LTC) rose 7.2% over the last day, exchanging hands at $71.52 on Wednesday, Oct.

Litecoin price experienced a huge boost on Oct. 15 after news of a spot Litecoin ETF application by Canary Capital hit the crypto space. LTC price exploded in one huge 8% 30-minute candle and is still in an uptrend.

Nashville-based investment firm Canary Capital filed for a Litecoin exchange-traded fund (ETF) with the US Securities and Exchange Commission (SEC). This comes on the heels of Canary and BitWise filing for an XRP ETF earlier this month.

Litecoin price is gaining pace above the $70.00 level against the US Dollar. LTC could continue to rise if it clears the $72.80 resistance zone.

Cryptocurrency Prices Today, October 16: The broader market's movement on Wednesday sparked mixed speculations globally. While Bitcoin (BTC) price topped the $67K level over the past day, top altcoins mainly illustrated a volatile movement.

Canary Capital has filed for a spot Litecoin ETF with U.S. regulators, aiming to hold LTC and track the CoinDesk Litecoin Price Index.

Litecoin (CRYPTO: LTC) topped the biggest gainers list Tuesday after digital asset trading and management firm Canary Capital filed for an exchange-traded fund (ETF) tracking the proof-of-work (PoW) cryptocurrency's price. What happened: The coin, created from the hard fork of Bitcoin (CRYPTO: BTC) in 2011, was up over 7% as of this writing, outperforming all the cryptocurrencies in the market, including Bitcoin itself.

Canary Capital's Litecoin ETF filing sparks temporary market excitement, but historical precedent and technical analysis suggest it may not lead to sustained LTC price growth.

Nashville-based asset manager Canary Capital filed an S-1 form for a Litecoin (LTC) exchange-traded fund (ETF) with the US Securities and Exchange Commission (SEC) on Oct. 15.

Investment management firm Canary Capital Group officially filed Form S-1 for the first-ever Litecoin exchange-traded fund (ETF) with the United States Securities and Exchange Commission on October 15. Canary Capital confirmed that the Canary LTC ETF will expose investors to LTC prices provided by the ETF while reducing its risks and operational costs.

Only days earlier, Canary filed to create an XRP ETF in what analysts dub a “call option” on the November US presidential elections.

Canary Capital has revealed plans to launch a litecoin-focused product just one week after filing for an ETF that would directly hold Ripple's XRP token.

After the filing of spot XRP ETF (Exchange Traded Fund) in the United States, Canary Capital Group has filed to launch a spot Litecoin ETF with the Securities and Exchange Commission (SEC). It appears that this one-month-old digital asset investment firm wants to become the leader in the world of Crypto ETF.

Canary Capital Group, a recently established digital asset investment firm led by former Valkyrie Funds co-founder Steven McClurg, has taken another step toward establishing itself as a leader in the spot crypto ETF market in the U.S. On 8 October 2024, the firm filed a Form S-1 registration statement with the U.S.

Cryptocurrency investment firm Canary Capital has filed to launch a Litecoin exchange-traded fund in the U.S.

Canary Capital has submitted a registration statement with the U.S. Securities and Exchange Commission (SEC) for its new exchange-traded product, the Canary Litecoin ETF. The ETF will provide investors with exposure to the value of litecoin (LTC), tracking the Coindesk Litecoin Price Index.