Canary capital Litecoin Spot ETF LTCC has been announced on DTCC

The CANARIEPOINA capital Litecoin ETF is listed on depository trust and clearing corporation under Ticker LTCC, marking a key step towards its potential startup.

The listthat appeared on DTCC late Thursday, 20. February, does not guarantee regulatory approval, but signals the necessary trading infrastructure is required.

The DTCC serves as key provider and groceries for American securities, which is also active ETFS and start-up funds that await approval. Finally, the ETF still requires approval from the American Securities Commission and Exchange before trading begins.

The capital of the canary initially submitted its Litekoin (LTC) ETF in October 2024. years, in front of similar applications with gray scale and coins. If approved, that would be that first US Corrupt Corrupt Corrupt Corrupts without Bitcoin (Btc) and Etherum (El), potentially attraction on the way for additional ETFS based on Altcoin.

The application is currently reviewed, after NASDADA 19B-4 application for the fund. Last month, the Agency opened a proposal for public comments and has up to 90 days from February 4 to reach the decision.

Bloomberg ETF Analyst Eric Balchunas recently shared his thoughts through a post on X. Balchunas believes that 90% probability will be approved that the Litekoin ETF will be approved. Previously expressed optimism about the possibilities of other Altcoin ETFs like Ripple (XRP) and Solana (Salt) It has been approved in 2025. years.

Following the news, Litecoin has raised 4% in the last 24 hours, reflecting increased investor optimism on potential ETF approval.

Sounder reports The Litecoin exceeded several leading cryptocurries, see that increasing its market capitalization between 2. and 19. February. During this period, he also recorded a volume of a daily transaction of $ 9.6 billion.