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

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Assets in Litecoin-backed ETFs have doubled to about $14 million following a nearly daily run of inflows from late September. Canary’s LTCC fund recorded $581,140 in inflows on the 19th, while Grayscale is still pursuing the conversion of its Litecoin Trust into an ETF. Litecoin rose by about 5% on the 20th, reaching $61.35 at the time of writing, compared with a late-September high of $75. Futures open interest climbed from about $213 million to $229 million, while funding was positive at 0.0058%.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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