Litecoin Spot ETF Sees Seven-Day Inflow Freeze, Price Drops Over 10%

The fund, holding $7.42 million in net assets or 0.11% of Litecoin’s market cap, has seen no inflows since October 28 launch.

LTC

Summary

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Terms & Concepts
  • Spot ETF: An exchange-traded fund that directly holds the underlying asset, such as Litecoin, rather than derivatives.
  • Market Cap: The total value of a cryptocurrency, calculated by multiplying its price by the circulating supply.
  • Net Inflows: The total amount of new capital entering an investment fund over a specific period, minus withdrawals.