May 6, 2025
Dear Chair Atkins and Members of the Commission, I am writing to respectfully urge the Securities and Exchange Commission (SEC) to approve the listing and trading of a Litecoin (LTC) Exchange-Traded Fund (ETF) under the applicable provisions of the Securities Exchange Act of 1934. Litecoin has been operating securely and transparently since 2011, making it one of the longest-standing and most battle-tested digital assets in the ecosystem. It shares key technical and structural similarities with Bitcoin, including a fixed supply, a decentralized mining model, and a robust proof-of-work consensus mechanism. Litecoin is widely traded on regulated platforms, enjoys deep liquidity, and is supported by multiple U.S.-based custodians and service providers, demonstrating its readiness for inclusion in a regulated investment vehicle. The approval of a Litecoin ETF would be a meaningful step toward providing U.S. investors with safe, cost-effective, and regulated access to diversified cryptoasset exposure. It would also enhance market integrity by migrating investment activity from less regulated venues to transparent, SEC-supervised structures. With the Commission’s recent approvals of spot Bitcoin ETFs and growing interest in other well-established digital assets, approving a Litecoin ETF would be a logical and measured continuation of the SEC's mission to protect investors, maintain fair markets, and facilitate capital formation. I appreciate the Commission’s careful approach to digital asset regulation and respectfully submit this comment in strong support of advancing ETF access for Litecoin. Sincerely, Arjun