Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

Litecoin ETF Stalls at $7.44M With Zero Inflows in Five Days - Crypto Economy

The Canary Litecoin Spot ETF reported that it has recorded zero net inflows for five consecutive trading days, according to market data from ETF analytics provider SoSoValue. The product, launched in late October, currently holds $7.44 million in total assets.

While activity remains limited, the fund operates in a broader market where institutional interest in digital assets continues to expand. Major asset managers are increasing exposure to Bitcoin, Ethereum, XRP, and Solana. In this context, Litecoin’s lower activity may indicate a slower adoption cycle rather than a lack of long-term demand. Historically, LTC has been favored for fast settlement and low-fee transfers, positioning it as a reliable utility network instead of a speculative competitor.

Market observers expect further developments as three additional Litecoin ETFs await review, including a planned conversion by Grayscale. Their approval could boost liquidity and increase institutional participation in the asset.

Source: https://sosovalue.com/es/assets/etf/us-ltc-spot


Disclaimer: Crypto Economy Flash News are based on verified public and official sources. Their purpose is to provide fast, factual updates about relevant events in the crypto and blockchain ecosystem.

This information does not constitute financial advice or investment recommendation. Readers are encouraged to verify all details through official project channels before making any related decisions.

LTC2.6%
BTC4.49%
ETH2.84%
XRP1.06%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)