Canary Capital's Litecoin ETF Listed on DTCC as Litecoin Trades at $133.09

Canary Capital's proposed spot Litecoin ETF (ticker: LTCC) has been added to the Depository Trust and Clearing Corporation (DTCC) website, marking a key step in the pre-launch process. The DTCC listing is part of the standard preparation for launching a new ETF, but it does not guarantee regulatory approval. The ETF is still under review by the U.S. Securities and Exchange Commission (SEC), which has a 45-day review period, extendable to 90 days, following the Nasdaq's 19b-4 filing published in the Federal Register on February 4, 2025. If approved, this would make Litecoin the first cryptocurrency beyond Bitcoin and Ethereum to serve as a base asset for a spot ETF. The listing follows a trend of increased crypto ETF filings amid regulatory clarity under the Trump administration. Daily Litecoin transaction volume has surged to $9.6 billion amid ETF-related interest, and analysts estimate a 90% chance of approval before the end of the year. Litecoin is currently trading at $133.09.

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