Canary Capital Files for Litecoin ETF Just Days After XRP Move
Bitcoin and Ethereum ETFs are now trading—will Litecoin and XRP be next? Canary Capital is betting on the next wave with its filings.
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Bitcoin and Ethereum ETFs are now trading—will Litecoin and XRP be next? Canary Capital is betting on the next wave with its filings.
Canary Capital filed with the U.S. Securities and Exchange Commission to list an exchange-traded fund underpinned by the Bitcoin-inspired cryptocurrency, Litecoin.
In a notable development for the cryptocurrency market, asset management firm Canary Capital has officially filed an S-1 registration statement with the US Securities and Exchange Commission (SEC) to launch the first spot Litecoin ETF in the country.
The potential approval of a Litecoin ETF could enhance market liquidity and stability, influencing broader crypto investment trends. The post Litecoin spikes 10% as Canary Capital applies for spot LTC ETF appeared first on Crypto Briefing.
Canary Capital filed a registration statement with the U.S. SEC for a Litecoin ETF, days after doing the same for an XRP product.
Canary Capital Group, a new digital asset-focused investment firm founded by former Valkyrie Funds co-founder Steven McClurg, seemingly wants to become a leader in the world of crypto exchange-traded funds (ETFs) rather than a follower.
Canary Capital files with the SEC for a Litecoin ETF to facilitate easier investor access to Litecoin value through shares. The post Canary Capital files for Litecoin ETF with SEC filing appeared first on Crypto Briefing.
Canary Capital, a US-based asset management firm has applied to list a Litecoin spot Exchange Traded Fund (ETF). According to the Form S-1 lodged with the US Securities and Exchange Commission (SEC), the firm named the product the Canary Litecoin ETF.
The last two weeks disappointed crypto investors as the market failed to show the ‘Uptober' rally. While the early-month sell-off can be attributed to the Israel-Iran war, most major altcoins are yet to reveal bottom formation, indicating the possibility of prolonged correction.
Litecoin (LTC) is standing at a critical juncture as it struggles to break through important resistance levels. After a brief surge in bullish momentum, LTC is hovering around key technical indicators that could determine its short-term future.
Since early August, Litecoin's (LTC) price has been in a state of consolidation, with movements limited within a narrow range. Despite briefly breaking out of this range, LTC was quickly pulled back into consolidation, indicating weakening bullish momentum.
Litecoin is at a pivotal moment—will it rebound from key support or face further delays in its recovery?
Litecoin has been gaining traction, placing it among the top gainers in the last 24 hours. The token has surpassed nearly all cryptocurrencies within the top 100 by market capitalization, only falling short to Conflux (CFX).
Litecoin shows bullish potential, targeting $80 with strong momentum and market support.
Unspent transaction outputs create a long history that is tracked by onchain analysts, blockchain heuristic companies, and law enforcement.
Litecoin is testing a critical support zone—will bulls defend it and trigger a recovery or will more downside follow?
Billy Markus, who is known for his contribution to the creation of Dogecoin (DOGE), the most famous meme cryptocurrency, who even adopted the nickname Shibetoshi Nakamoto, has once again touched on the matter of his cryptocurrency holdings.
The SUI-Litecoin duel ends with a technical KO: SUI rakes in the billions, while Litecoin cheers from the 21st place!
SUI has merely displaced LTC by a single spot as they both currently sit comfortably at the 20th and 21st spots.
The recent rise in Litecoin's price has captured the attention of crypto enthusiasts, suggesting possible future gains. Meanwhile, the Render network has been achieving significant technological milestones and expanding its user base.
Litecoin is testing the $67 support level with rising whale and trading activity.
In a significant move to expand its offerings, Binance, one of the world's leading cryptocurrency exchanges, has announced a series of new listings. This expansion is set to provide traders and investors with a broader range of options and opportunities in the ever-evolving crypto market.
Bellscoin (BEL) is a meme project with no intrinsic value, but growing in popularity due to its connection to Dogecoin (DOGE). BEL is boosting the Litecoin hashrate due to merged mining.
Binance Pool now supports merged mining for Litecoin (LTC), offering rewards in LTC, Dogecoin (DOGE), and Bellscoin (BEL).