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Altcoins & DeFi

Litecoin price rebounds 5% as ETF assets double to $14M

Image: AMBCrypto

Litecoin [LTC] ETFs spent most of the year getting the odd visitor or two. Lately, there's been many more. Is this the start of something, or just a good few weeks? Let's look. Litecoin ETF assets have doubled to $14 million For most of the year, Litecoin ETFs were fairly quiet. SoSoValue data showed a few big days early on, like the roughly $2 million that came in around mid-January. After that, it was mostly scattered. A small inflow here, a small outflow there, with weeks of nothing in between. Total net assets drifted between about $5 million and $7 million for months. Then, late September changed things. Inflows landed almost every day; the biggest one came close to $1.4 million.

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