Feb. 4, 2025
To Whom It May Concern, I hope this message finds you well. I am writing to express my support for the proposed Litecoin ETF under File Number SR-NASDAQ - 2025- 005. As the cryptocurrency market continues to evolve, the introduction of an ETF for Litecoin would provide significant opportunities for both retail and institutional investors, enabling greater access to a widely recognized and established digital asset. Litecoin has proven itself to be a reliable and resilient asset with over 13 years of uninterrupted operation an data with 100% up time, consistent transaction volume, and an extremely strong track record of security. Given its robust infrastructure, including features like optional MWEB privacy and its efficient transaction processing capabilities, whilst being named a "Commodity" all whilst having a finite supply (similar to Bitcoin) of 84million, Litecoin has become an important player in the digital currency ecosystem. Furthermore, the launch of an ETF would not only enhance liquidity and trading volume but also provide investors with a regulated and secure way to gain exposure to Litecoin, which is increasingly viewed as a store of value and a hedge against traditional financial markets. I trust that the approval of this rule will contribute positively to the growth of the cryptocurrency market and allow for more widespread adoption of digital assets. Thank you for considering this important proposal. I look forward to seeing the positive impact that the approval of the Litecoin ETF will have on the market! Kind regards, Nathan