Markets· ★★★· bullish·

Litecoin Hits 8-Month High as ETF Holdings Set Record

  • —LTC futures open interest rose to about $670 million, near January's peak of $690 million
  • —Open interest in LTC terms grew roughly 25% in a week, confirming new positions
  • —US spot Litecoin ETF balances reached a record of about 175,000 LTC
  • —Canary Capital's LTCC added roughly 39,000 LTC in its largest inflow to date
Why it matters: The rally is driven mainly by leverage rather than spot demand, leaving room for a pullback toward $67.47 or the $60–62 support zone.
Source: BeInCrypto