menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Technology News

>

Litecoin’s...
source image

NullTX

16h

read

219

img
dot

Image Credit: NullTX

Litecoin’s Stability And Growing Potential: ETF Approval On The Horizon? 

  • Litecoin has shown remarkable stability, with a significant portion of its total supply being held long-term.
  • 53.9% of all Litecoin ever mined has been held without moving for more than a year, and 85.8% of the total supply has remained untouched for over a month.
  • Bloomberg analysts have noted that a Litecoin ETF could be approved ahead of other cryptocurrency ETFs, as the SEC has not classified Litecoin as a security, simplifying the approval process.
  • Litecoin's transactional volume showcases its growing importance and use case within the crypto space, with the potential for institutional interest and regulatory clarity.

Read Full Article

like

13 Likes

For uninterrupted reading, download the app