Jun. 14, 2025
Comment on ETF listing for Litecoin: An ETF of Litecoin available through a regulated financial institution will increase safety for this asset class for investors as well as increase the SEC's reputation as an institution to regulate emerging investments. I ensures that this asset is available at regulated fees and by a reputable broker. Litecoin as an asset is not created or controlled by a corporation, there are no creators with a vested interest that hold any type if greenshoe option, the issuance of new coins is mathematically forecastable and it is limited in number to 84 million. Above all Litecoin is the most used actual means of payment (more than bitcoin) at the biggest payment system for crypto currencies (bitpay), due to low fees and fast transactions speeds. Kind Regards, LJ Menden