LTC ETF Breakthrough: Canary Capital Pioneers Litecoin Investment Access on Nasdaq
In a landmark development for cryptocurrency adoption, Canary Capital has launched the first U.S.-based Litecoin ETF (LTCC) alongside a Hedera ETF on Nasdaq, marking a significant expansion beyond traditional Bitcoin and Ethereum investment vehicles. This historic move represents a major milestone for Litecoin, the fifth-largest cryptocurrency by market capitalization, as it gains mainstream institutional recognition and accessibility for traditional investors. The listing on Nasdaq, one of the world's premier exchange platforms, provides unprecedented legitimacy and exposure for Litecoin, potentially driving increased institutional and retail investment. This development comes at a crucial time when digital asset adoption is accelerating globally, with Litecoin's established network, faster transaction times, and lower fees compared to Bitcoin positioning it as an attractive alternative for both payments and investment. The ETF launch enables investors to gain exposure to Litecoin's price movements without the complexities of direct cryptocurrency ownership, including storage security concerns and regulatory hurdles. Market analysts anticipate this institutional endorsement could catalyze renewed interest in Litecoin, potentially influencing its price trajectory positively as more capital flows into the newly available investment product. The simultaneous launch of the Hedera ETF further demonstrates the growing diversification within cryptocurrency investment products, signaling that the market is maturing beyond the two dominant digital assets. This regulatory-approved investment vehicle provides a compliant pathway for traditional finance participants to allocate funds to Litecoin, potentially increasing trading volume and liquidity while reducing volatility over time. The timing of this launch coincides with broader cryptocurrency market maturation and could set a precedent for additional altcoin ETFs in the future, further bridging the gap between traditional finance and the digital asset ecosystem.
Canary Capital Launches First U.S. Litecoin and Hedera ETFs on Nasdaq
Canary Capital, a digital asset-focused investment firm, has made history by launching the first-ever Litecoin and Hedera ETFs in the United States. The Canary Litecoin ETF (ticker: LTCC) and Canary Hedera ETF began trading on Nasdaq, marking a significant expansion of cryptocurrency investment products beyond Bitcoin and Ethereum.
The Litecoin ETF tracks the fifth-largest cryptocurrency by market capitalization, while the Hedera ETF provides exposure to HBAR, the native token of an enterprise-grade distributed ledger known for its scalability and low transaction costs. These listings follow the earlier approvals of spot Bitcoin and ethereum ETFs, signaling growing institutional acceptance of digital assets.
Nasdaq has posted listing notices for both funds alongside other crypto-linked ETFs, reflecting continued momentum in the U.S. digital asset investment space. The launch positions Litecoin and Hedera as the third and fourth cryptocurrencies to receive ETF approval after Bitcoin and Ethereum.
XRP ETF Predictions Soar Toward $10 Billion As SOL, HBAR And LTC Collect $65M on Debut
Wall Street's embrace of altcoins reached a milestone this week with the debut of spot exchange-traded funds (ETFs) for Solana (SOL), Hedera (HBAR), and Litecoin (LTC). The trio amassed nearly $65 million in first-day trading volume, signaling growing institutional appetite for crypto exposure beyond Bitcoin and Ethereum.
The Bitwise solana Staking ETF (BSOL) dominated with $56 million in volume—the strongest ETF launch this year, according to Bloomberg analyst Eric Balchunas. Seeded with $220 million, its zero-fee structure and 7% staking rewards proved irresistible to yield seekers. Hedera and Litecoin ETFs trailed at $8 million and $1 million respectively, but their Nasdaq listings with BitGo/Coinbase custody mark a critical infrastructure step.
Meanwhile, XRP ETF speculation intensifies as analysts project a potential $10 billion market. The altcoin ETF wave now tests whether mid-cap tokens can sustain institutional interest beyond initial novelty.
Cryptocurrency Market Sees Sharp Decline Amid Bearish Sentiment
The cryptocurrency market experienced a significant downturn as Monday's recovery gave way to bearish momentum. Altcoins led the losses, dragging the total market capitalization down nearly 2% to $3.84 trillion.
Bitcoin briefly surpassed $116,000 before losing steam, retreating below $115,000 to trade around $113,770—a 2% drop over 24 hours. Ethereum mirrored the decline, falling almost 4% to $4,080. Solana slipped below $200, while Cardano and Dogecoin each lost over 4%.
Hedera defied the trend with a 14% surge to $0.206. Meanwhile, S&P Global Ratings assigned a B- junk rating to Michael Saylor's Strategy Inc., citing overexposure to bitcoin and liquidity concerns.
Litecoin Drops as Market Eyes Possible Rebound Toward $100
Litecoin faces selling pressure after breaching key technical support, signaling potential short-term weakness. The decline mirrors Bitcoin's slump, amplifying broader crypto market volatility.
Analysts identify a critical demand zone between $90-$92 where buyer activity could spark a rally. CRYPTOWZRD notes shorter time frames may offer tactical opportunities amid the turbulence.
Currently trading at $96.72, LTC reflects a 3.08% daily drop with $3.13 billion in volume. The breach of its rising channel, as observed by CryptoPulse, suggests bearish momentum—yet the $90 level remains a litmus test for bulls.
Best 10 Online Casino Malaysia 2025: Law, Safety, & Verified Platforms
Malaysian online casino operators face a regulatory gray area, with offshore brands often making unverified claims about licensing and payouts. This review identifies platforms that withstand scrutiny, focusing on verifiable data from regulator databases and testing labs.
Crypto casinos like BetGoat and BC Game gain prominence by offering provably fair technology and privacy-focused transactions. Traditional operators such as M88 and W88 maintain strong reputations in sports betting and live casino segments.
The analysis reveals a growing convergence between gambling platforms and cryptocurrency adoption, particularly for payment processing and transparency mechanisms. No direct exchange partnerships are evident, but the integration of crypto assets suggests potential future crossover with digital asset markets.
Pro-XRP Lawyer Sets Realistic Price Target Amid ETF Anticipation
XRP's market trajectory hangs in the balance as the crypto community awaits regulatory approval for spot ETFs. Seven filings now sit before the SEC, with a decision window narrowing to October 18-November 14. The asset currently trades at $2.85, showing modest 24-hour declines but maintaining structural support.
Recent ETF launches for Solana, Hedera, and Litecoin demonstrate the potential upside. Hedera's 18% surge post-ETF approval illustrates the market's appetite for institutional products. Pro-XRP attorney Bill Morgan cautions against euphoria, predicting steadier gains rather than parabolic moves. "The infrastructure is being built," he notes, "but price discovery requires patience."
