Litecoin Founder Bullish on SEC Approval of LTC ETF

CoinMarketCap05-01

The founder of Litecoin, Charlie Lee, is certain the SEC will grant admission of a Litecoin (LTC) ETF for trading in the U.S. securities markets. Lee believed this would only be a matter of time. ...

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Lee believed this would only be a matter of time.\n\n\n\n...</p>\n\n<a href=\"https://coinmarketcap.com/community/articles/663182725cffdf679ccd3ab0/\">Source Link</a>\n\n</div>\n","source":"coinmarketcap_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Litecoin Founder Bullish on SEC Approval of LTC ETF</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLitecoin Founder Bullish on SEC Approval of LTC ETF\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-05-01 07:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://coinmarketcap.com/community/articles/663182725cffdf679ccd3ab0/><strong>CoinMarketCap</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The founder of Litecoin, Charlie Lee, is certain the SEC will grant admission of a Litecoin (LTC) ETF for trading in the U.S. securities markets. Lee believed this would only be a matter of time.\n\n\n\n...</p>\n\n<a href=\"https://coinmarketcap.com/community/articles/663182725cffdf679ccd3ab0/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4585","symbol_name":"ETF&股票定投概念","start_time":0,"source_url":"https://coinmarketcap.com/community/articles/663182725cffdf679ccd3ab0/","article_id":"2432155441","we_media_id":null,"thumbnails":["https://academy-public.coinmarketcap.com/srd-optimized-uploads/7b6a1b81ff7141d9a473c1c653118651.webp"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2432155441","pubTimestamp":1714520688,"sourceInfo":{"source_id":"coinmarketcap_highlight","name":"CoinMarketCap"},"weMediaInfo":null,"summary":"The founder of Litecoin, Charlie Lee, is certain the SEC will grant admission of a Litecoin (LTC) ETF for trading in the U.S. securities markets. Lee believed this would only be a matter of t","collect":0,"end_time":0,"defaultTopTitle":"coinmarketcap.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4585":"ETF&股票定投概念","FDN":"First Trust Dow Jones Internet I","BK4588":"碎股","BK4203":"医疗保健房地产投资信托","BK4550":"红杉资本持仓","LTC":"LTC房产","BK4225":"医疗保健房地产信托"},"translate_title":"莱特币创始人看好SEC批准LTC ETF","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FDN":1,"LTC":1},"content_text":"The founder of Litecoin, Charlie Lee, is certain the SEC will grant admission of a Litecoin (LTC) ETF for trading in the U.S. securities markets. Lee believed this would only be a matter of time.\n\n\n\nLitecoin creator @Satoshilite optimistic about the prospect of a #Litecoin Exchange-Traded Fund (ETF)https://t.co/ArgUzfunO8— Litecoin (@litecoin) April 30, 2024\n\n\n\nCharlie Lee’s confidence may be coming from the recent launch of ETFs today, April 30 for both Bitcoin and Ethereum on the Hong Kong stock exchange.\nLee considered Litecoin as the same with Bitcoin, which currently has a spot ETF trading on the US securities market after receiving regulatory authorization from the SEC years ago. As stated by Lee, Litecoin, like Bitcoin, is also a proof-of-work cryptocurrency, hence applying the same classification of Bitcoin as commodity could be used to classify LTC. This way, Litecoin could be compatible with a Bitcocin like ETF that is spot on in nature.\nLee ascertains that a Lite-coin ETF may be possible, but the demand for it could be possibly not as strong as Bitcoin ETFs. Moreover, the vanmaker explains that Ethereum spot ETFs are more preferred than LTC by the public, but he believes that Ethereum switch to PoS will create regulatory hurdles as well.\nAlso Read: Bitcoin Developer’s Testnet Attack Sparks Controversy","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2432155441"}