A proposed Litecoin (LTC) exchange-traded fund (ETF) could potentially attract inflows of up to $580 million if adoption rates are similar to those of Bitcoin ETFs, which currently have about 6% of Bitcoin's total supply locked up. This percentage would translate to significant inflows for Litecoin, making it the third crypto asset after Bitcoin and Ethereum to have its own ETF in the U.S. Canary Capital, a digital asset firm, is leading the charge, having initiated the process for a Litecoin ETF in October, with filings made to the SEC. The demand for such a fund could vary, and while it might not reach the hype seen with Bitcoin and Ethereum ETFs, it could still achieve notable success. Analysts express uncertainty regarding investor interest in additional crypto products, with Bitcoin ETFs having gathered impressive totals in their first year. Comparatively, the Litecoin ETF is projected to draw anywhere from $290 million to $580 million, positioning it favorably against numerous existing ETFs in the U.S.

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