TechFlow reported on October 21 that Charlie Lee, founder of Litecoin (LTC), said in an interview with Fox Business, as disclosed by Fox Business journalist Eleanor Terrett: "I'm glad to see Canary Capital has filed an application for a Litecoin ETF. We are indeed seeing strong institutional demand for Litecoin. The daily growth of the Grayscale Litecoin Trust clearly demonstrates this demand, with its price currently more than double its net asset value. Given that Litecoin is a commodity very similar to Bitcoin, I hope to see a Litecoin ETF approved soon."
Previous report: ETF issuer Canary Capital submitted a registration filing for a Litecoin ETF to the SEC.
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