Canary Capital’s US spot Litecoin exchange-traded fund has been listed on the Depository Trust and Clearing Corporation’s (DTCC) official website, which provides post-trade clearance, settlement, custody, and information services, as reported by Nasdaq.
The Canary Litecoin ETF is assigned the ticker symbol LTCC on the DTCC platform. This listing, noticed earlier today by Phoenix News, is typically seen as a positive step for an ETF preparing to launch.
If approved, Litecoin would become the first cryptocurrency other than Bitcoin and Ether to act as the base asset for a spot ETF.
However, the DTCC listing is merely part of the preparatory phase and does not ensure the ETF’s launch, as it still requires regulatory approval from the U.S. Securities and Exchange Commission.
