The crypto market is a buzz with the recent efforts of large financial institutions, like Grayscale and CoinShares, to introduce a Litecoin ($LTC) spot exchange-traded fund (ETF). These moves could mean the push to place Litecoin alongside more traditional investment vehicles is picking up steam. Nevertheless, despite all this ETF optimism, the altcoin’s price remains in the same trading range it’s occupied for months—a range that stretches from roughly $50 at the bottom to around $75 at the top. ETF Filings: A Big Step Toward Traditional Markets A major digital asset manager, CoinShares, has filed a Form S-1 with the
The post Litecoin ETF Filings Spark Excitement Amid Bearish Market Signals appeared first on The Merkle News.