Litecoin daily transactions ballooned by ETF buzz
Growing confidence in a spot Litecoin ETF approval surged the blockchain's activity to nearly $10 billion in daily transactions.
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Growing confidence in a spot Litecoin ETF approval surged the blockchain's activity to nearly $10 billion in daily transactions.
One of the main topics of the cryptocurrency market for over a year already are exchange-traded funds. First it was leading cryptocurrency Bitcoin (BTC), then major alternative asset Ethereum (ETH), and now after their approval the focus shifted to other assets.
The ETF on Litecoin proposed by Canary Capital has taken an important step in its approval process, appearing on the DTCC website.
Polkadot (DOT) was also among the top performers, rising 4.9% from Thursday.
Litecoin soars amid the hype surrounding Canary Capital's upcoming launch of a $LTC exchange-traded fund (ETF). The US Securities Exchange Commission (SEC) is also reviewing Coinshare's proposal for a Litecoin ETF on Nasdaq, further boosting the coin to greater heights.
Litecoin's network activity has skyrocketed, with daily transaction volumes reaching $9.6 billion, fueled by mounting excitement over potential U.S.-listed Litecoin ETFs. The post Litecoin Transactions Surge to $9.6B Daily Amid U.S. ETF Listing Hype: Santiment appeared first on Cryptonews.
Litecoin ETF developments are once again picking up pace with the Canary exchange-traded fund (ETF) for LTC appearing on the Depository Trust & Clearing Corporation (DTCC). Thus, 13 months following the Bitcoin ETF approval, there's a clear excitement for the LTC products as well.
Litecoin ETF (exchange-traded funds) approval odds on Polymarket hit 85% today, following Canary Capital's proposed spot Litecoin ETF's secure listing on the Depository Trust and Clearing Corporation (DTCC) system.
Litecoin's $9.6B daily transaction volume signals growing utility as ETF approval odds hit 90%, fueling investor optimism.
Canary Capital's Litecoin ETF lands on DTCC under the ticker LTCC. Litecoin (LTC) hovers around $135.
Litecoin (LTC) has never been the loudest name in the crypto space. No constant hype, no daily social media talks.
Canary Capital's spot Litecoin ETF has been listed on the DTCC system, setting the stage for potential trading upon SEC approval.
What's next for LTC price as ETF speculation hits homestretch?
The Depository Trust and Clearing Corporation (DTCC) has listed Canary Capital's spot Litecoin ETF (LTCC), a move that signals strong prospects for the eventual approval of the first Litecoin exchange-traded fund (ETF). Litecoin (LTC) price rose early Friday, Feb. 21 as traders reacted to the news.
Canary Capital's Litecoin ETF has achieved DTCC listing under ticker LTCC while awaiting SEC approval, as multiple firms pursue crypto ETF applications amid evolving regulatory frameworks.
Litecoin's rally toward $200 looks imminent in the coming weeks following the formation of a golden cross, ascending triangle pattern, as well as supportive fundamentals such as the ongoing Litecoin ETF hype.
Canary Capital's spot Litecoin ETF is still pending regulatory approval from the US SEC, but has been listed on the DTCC. The post Canary's Spot Litecoin ETF Added to DTCC List Ahead of SEC Clearance appeared first on Cryptonews.
The price of Litecoin spiked more than 8% as Canary's spot Litecoin ETF made a move to prepare for its potential approval.
The Canary Litecoin ETF (ticker: LTCC) has recently been listed on the DTCC website, marking a crucial step in its journey toward launch. The “Create/Redeem” section is marked as “Y,” part of the standard process when preparing a new ETF. However, SEC approval remains pending.
Canary Capital's spot Litecoin ETF has been listed on the Depository Trust and Clearing Corporation under the ticker LTCC, marking a key step toward its potential launch. The listing, which showed up on DTCC late Thursday Feb.
Canary Capital's spot, Litecoin ETF, has been listed on the Depository Trust and Clearing Corporation (DTCC) system under the ticker LTCC. The listing creates the requisite trading framework for the fund while waiting on approval from the U.S Securities Exchange Commission.
Nasdaq's 19b-4 filing for Canary Litecoin ETF was published in the Federal Register on Feb. 4, and is currently under SEC review.
The Litecoin (LTC) price looks primed for a major bullish breakout that could see it rocket 3x higher in the coming year, making it a strong candidate for the best crypto to buy now. The post Litecoin Price Primed for Major Bullish Breakout – New All-Time Highs Coming? appeared first on Cryptonews.
The DTCC listing of Canary Capital's Litecoin ETF could pave the way for increased institutional investment in cryptocurrency markets. The post Canary Capital's Litecoin spot ETF listed on DTCC under ticker LTCC appeared first on Crypto Briefing.