Litecoin soars amid the hype surrounding Canary Capital’s upcoming launch of a $LTC exchange-traded fund (ETF).
The US Securities Exchange Commission (SEC) is also reviewing Coinshare’s proposal for a Litecoin ETF on Nasdaq, further boosting the coin to greater heights.
$LTC is shining green across all charts as a consequence. The coin’s market cap, currently valued at a commendable $10B+, spiked by over 46% from February 2 – 19. Plus, its weekly volume has peaked by nearly 5%.
Litecoin Soars Over Being Easy Access to Crypto Realm
Canary Capital’s $LTC ETF was found on the Depository Trust and Clearing Corporation (DTCC) system yesterday, which highlights that the fund’s launch is in preparation.
This has excited investors. The reason being, when a Litecoin ETF goes live, investors will be able to buy $LTC without directly purchasing or holding the crypto. Considering that hackers stole $2.2B of crypto last year, it’s a safer way for those skeptical about crypto to join the industry.
Another secure and trendy entry point into the crypto landscape is $BEST – particularly for investors who want to expand their portfolios with the best altcoins.
Best Wallet Token Quickly Raises $10M+ on Presale
$BEST is a a new cryptocurrency that’s the key to Best Wallet, a novel crypto wallet that’s aptly named, as evidenced by its presale already raising over $10M.
Investors are flocking to buy $BEST early on because it opens exclusive advantages in Best Wallet: lower transaction fees, governance rights, staking rewards (currently at a 158% APY), and access to the best presale coins.
Best Wallet sets itself apart from major competitors like MetaMask by being the first to spotlight the best presales. By doing so, investors are given early access to low-cap coins before they attract mainstream attention, and their prices likely rocket.
Also attracting eyes to the presale is that $BEST buyers can enjoy token airdrops. To win additional $BEST, all they need to do is partake in daily quests and engage with Best Wallet’s socials (X, Discord, and Telegram).
Best Wallet also has many features in the pipeline that investors are thrilled about, including:
- Support of 60+ blockchain networks
- Best Card launch (a crypto debit card)
- An NFT gallery
- In-app crypto news feed
- Rewards hub
Not to mention, Best Wallet is frequently audited to ensure there are no vulnerabilities in its smart contracts or code, so it’s a super safe option.
To get involved, buy $BEST on presale for just $0.024075. Its price will increase tomorrow, so now’s a prime time to buy.
Verdict – $LTC ETFs & BEST are Secure Gateways Into Crypto
Excitement about the launch of a Litecoin ETF is plausible, as it will attract attention to $LTC and the broader crypto sector.
A Litecoin ETF would provide investors with a fresh gateway into the crypto market. Another great option is $BEST, the backbone of the Best Wallet app (available on Google Play and Apple App Store).
However, this isn’t investment advice. You must always DYOR before making any purchases and never invest more than you can afford.