Canary Capital's Litecoin Fund Logs Record 39,000 LTC Inflow
- —Canary Capital's Litecoin fund logged a record 39,000 LTC inflow
- —LTC hit an eight-month high this week
- —LTC futures open interest rose to about $670 million
- —The yearly open interest peak of ~$690 million was set in January
Why it matters: The record inflow into an institutional fund and rising open interest signal stronger LTC demand, but growing leverage raises the risk of a pullback.
Source: Coinotag