According to ChainCatcher News, Fox Business reporter Eleanor Terret said that Litecoin (LTC) founder Charlie Lee said in an interview with Fox Business Channel that he was “pleased to see Canary Capital file a Litecoin ETF application. In fact, many institutional investors are watching. Litecoin demand continues to grow as the Grayscale Litecoin Trust’s daily growth clearly indicates institutional demand, with its price currently more than double its net asset value. We hope that it will be approved soon. ”
In previous news, ETF issuer Canary Capital filed a registration application with the SEC for a Litecoin ETF.
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