Canary Capital’s Litecoin Spot ETF Listed on DTCC
- Canary Capital’s Litecoin spot ETF is listed under the ticker LTCC on the DTCC system.
- The ETF is expected to be the first among similar applications to receive a decision from the SEC.
- The DTCC listing provides necessary trading infrastructure, though SEC approval is still pending.
- Litecoin is classified as a commodity by the CFTC, meeting approval requirements for ETFs.
- Litecoin’s price has increased over 100% since the initial ETF filing, currently trading around $130.
The listing of Canary Capital’s Litecoin spot ETF on the DTCC under ticker LTCC marks a significant step towards its potential launch, with SEC approval pending. The digital asset has seen substantial price growth since the initial filing.
Source (2.6)https://cryptobriefing.com/litecoin-spot-etf-listed-dtcc/?rand=59535