I am a new user of LTC and have made many online transactions with it, big fan. I have heard there may be an ETF approved for Litecoin. I would love to hear opinions about this. I think a possible ETF could be the push necessary to get things moving on this.
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Welcome Ben!
I think it will happen, but perhaps part of a bundle of ‘top cryptocurrencies’, and after SOL and XRP get their ETFs.
I have a very traditional view of cryptocurrencies so I’m not interested in big price moves signalling progress. Perhaps I’m biased, but I think to ‘get things moving’ the litecoin community needs to get a few big merchants to accept it and make a marketing campaign around it.
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An LTC ETF would bring major institutional interest, boosting liquidity and price stability. As a fellow Litecoin fan, I agree—it could be the catalyst for wider adoption!
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