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Litecoin (LTC) Smashes $100 Barrier as New ETF Injects $1 Billion Daily Trading Frenzy

Litecoin (LTC) Smashes $100 Barrier as New ETF Injects $1 Billion Daily Trading Frenzy

Published:
2025-10-28 11:26:54
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Litecoin rockets past psychological barrier as institutional money floods in

The Silver to Bitcoin's Gold just got a whole lot shinier. Litecoin blasted through the $100 ceiling today, riding a massive wave of institutional interest that's turning heads across crypto markets.

ETF Effect: Not Your Grandpa's Investment Vehicle

That new ETF isn't just dipping toes—it's diving in headfirst with $1 billion in daily volume. Suddenly, all those traditional finance skeptics who called crypto a 'passing fad' are scrambling to get exposure. Funny how nine zeros changes perspectives.

Market Impact: Beyond the Price Tag

This isn't just about breaking another resistance level. The ETF validation signals something bigger—mainstream acceptance is no longer coming, it's here. Trading desks that once mocked 'magic internet money' now have dedicated crypto divisions.

As Litecoin carves its path upward, remember: Wall Street always adopts what it can't beat—usually just in time to take credit for the growth. The revolution continues, with or without their blessing.

TLDR

  • LAD acquired three Hyundai dealerships in Orange County, adding $440M in annualized revenue.
  • Year-to-date, LAD has added $1.16B in U.S. revenue through acquisitions.
  • BEVs represented 10% of LAD’s new retail sales in Q3, up from 8% prior quarters.
  • Eight LAD Canadian dealerships were named among the 2025 Best Dealerships To Work For.
  • LAD stock fell 2.97% to $321.76 as investors weighed expansion and recognition news.

Lithia & Driveway (NYSE: LAD) shares closed at $321.76, down 2.97% on October 27, 2025, following announcements of key strategic moves.

LAD Stock Card

Lithia Motors, Inc., LAD

The company unveiled new acquisitions in Southern California and recognition for its Canadian operations.

Southwest Expansion Boosts Revenue

LAD acquired Anaheim Hyundai, Huntington Beach Hyundai, and Garden Grove Hyundai in Orange County. The strategic expansion adds an estimated $440 million in annualized revenue and deepens LAD’s import mix in the region.

“These highly profitable acquisitions increase our brand diversity and bring thousands of new customers into our ecosystem,” said Bryan DeBoer, President and CEO. He noted that the acquisitions, financed using on-balance sheet capacity, were completed for less than 10% of revenues.

Lithia & Driveway (LAD) Expands Retail Network in Southwest Region and Earns 2025 Best Dealerships to Work for in Canada Recognition $LAD https://t.co/Ju9K8sTHrL

— Crwe World (@CrweWorld) October 28, 2025

The purchase brings LAD’s total year-to-date expected annualized U.S. revenue acquired to $1.16 billion. The MOVE supports the company’s disciplined growth approach while enhancing shareholder value through targeted investments.

Strengthening EV Strategy

The new dealerships align with LAD’s electrification strategy in California, leveraging Hyundai’s growing EV and hybrid lineup. LAD reported that battery electric vehicles accounted for 10% of its new retail sales in Q3, up from 8% in prior quarters, partly due to the expiration of EV tax credits.

The company’s GreenCars platform continues to support EV adoption by educating customers and integrating sustainability into the buying experience. This effort reinforces LAD’s goal of modernizing transportation solutions across its retail network.

Canadian Recognition for Workplace Excellence

LAD also announced that eight of its Canadian dealerships were named to Automotive News’ 2025 Canada Best Dealerships To Work For list. These represent 20% of all dealerships recognized.

“This achievement reflects the strength of our teams and the culture we’ve built,” said DeBoer. “Our employees’ commitment to innovation and customer care sets the standard for our organization.”

Performance Overview

Despite these positive developments, LAD’s performance metrics remain mixed. The stock is down 9.49% year-to-date and 2.74% over the past year. The company has achieved a 59.13% return over three years, reflecting solid long-term growth.

With a growing retail network, EV strategy advancement, and strong employee recognition, Lithia & Driveway continues to position itself as a leader in automotive retail and sustainability-driven innovation.

 

|Square

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