#ActiveUserImpact #LitecoinETF Recent events indicate significant progress in the approval of the Litecoin (LTC) exchange-traded fund (ETF) in the United States.
On February 20, 2025, the proposed Canary Capital spot ETF for Litecoin was registered with the Depository Trust and Clearing Corporation (DTCC) under the ticker LTCC. This listing is a preparatory step signaling readiness for potential trading after obtaining regulatory approval from the U.S. Securities and Exchange Commission (SEC). Bloomberg ETF analyst Eric Balchunas noted that while this does not guarantee immediate trading, it suggests that the issuer is preparing, maintaining a 90% probability of ETF approval.