Potential Litecoin ETF Could Attract Up to $580 Million
- Investor demand for a Litecoin ETF could reach $580 million if adoption mirrors Bitcoin ETFs.
- Approximately 6% of Bitcoin’s market cap is locked in ETFs, amounting to $1.97 trillion.
- Ethereum ETFs hold about 3% of its $401 billion market cap.
- Litecoin’s current market cap stands at $9.6 billion.
- The proposed fund by Canary Capital might attract between $290 to $580 million in its first year.
A potential Litecoin ETF could attract significant investor interest, with estimates suggesting inflows between $290 and $580 million, depending on adoption rates comparable to Bitcoin ETFs. This would place it among the larger U.S. ETFs by assets under management.
Source (2.6)https://www.coindesk.com/markets/2025/01/16/litecoin-etf-could-attract-up-to-usd580m-of-inflows-if-adoption-mirrors-that-of-bitcoin-etfs?rand=52298
