Canary Capital Launches Litecoin Spot ETF
On October 15, 2024, Canary Capital filed with the SEC to launch a Litecoin Spot Fund, following the successful launch of its XRP Fund. The fund gives investors access to LTC via traditional brokerage accounts without the need to own the currency directly.
The company highlights that Litecoin, with a 100% operating track record since inception, represents an attractive investment opportunity due to its reliability and institutional use cases.