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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i think LTC price hit the record upon final cap will be distributed
It’s weird that we have no Litecoin ETF so far. Given the US state on crypto, it should’ve come a long long time ago.