PANews reported on April 11 that according to Cryptonews, the Litecoin ETF from cryptocurrency fund management company Canary Capital has been added to the ETF list of the Depository Trust & Clearing Corporation (DTCC). On Thursday evening, the ETF appeared on the DTCC official website with the code LTCC. Canary's Litecoin spot ETF is still awaiting regulatory approval from the U.S. Securities and Exchange Commission (SEC). However, the DTCC's inclusion marks a preparatory step towards a potential launch. Bloomberg's chief ETF analyst Eric Balchunas stated: "Being on the list does not mean it has been approved or is ready to start trading, but it does indicate that the issuer is preparing for approval. Canary's Litecoin spot ETF has a 90% chance of being approved. If approved, Litecoin will become the third cryptocurrency to serve as the underlying asset for a spot ETF, following Bitcoin and Ethereum."
