BlockBeats news, on September 30, Litecoin founder Charlie Lee stated in a recent interview that he expects the spot LTC ETF to be launched soon. This view is based on the SEC's approval of the general listing standards for crypto assets ETFs, and LTC being included as one of the 10 assets that meet the standards. Charlie Lee discussed the prospects of LTC under the evolving regulatory framework during the interview. He mentioned that the SEC recently approved the general listing standards for crypto ETFs, which is a key driving factor, and emphasized that Litecoin meets the conditions for rapid approval. As a seed investor in a proposed ETF, Charlie Lee has previously stated that the approval of the ETF will happen 'soon' and compared it to the successful launch of Bitcoin and Ethereum ETFs earlier this year. 'I expect the Litecoin ETF to be launched soon, which will actually provide people with a convenient way to gain passive exposure to Litecoin.'
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After ETFs are no longer scarce, the so-called incremental funds no longer have marginal buying power; instead, they have become amplifiers for rise and fall, even becoming dumb buyers?
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TheWinnerTakesAnUnco
· 09-29 21:33
Now the ETF can no longer drive the coin price pump, useless.
Litecoin founder: A Spot LTC ETF is expected to be launched soon.
BlockBeats news, on September 30, Litecoin founder Charlie Lee stated in a recent interview that he expects the spot LTC ETF to be launched soon. This view is based on the SEC's approval of the general listing standards for crypto assets ETFs, and LTC being included as one of the 10 assets that meet the standards. Charlie Lee discussed the prospects of LTC under the evolving regulatory framework during the interview. He mentioned that the SEC recently approved the general listing standards for crypto ETFs, which is a key driving factor, and emphasized that Litecoin meets the conditions for rapid approval. As a seed investor in a proposed ETF, Charlie Lee has previously stated that the approval of the ETF will happen 'soon' and compared it to the successful launch of Bitcoin and Ethereum ETFs earlier this year. 'I expect the Litecoin ETF to be launched soon, which will actually provide people with a convenient way to gain passive exposure to Litecoin.'