🏛️ Canary Capital's spot Litecoin ETF has pulled in under $10 million in assets eight months after launch — a stark reminder that regulatory approval doesn't automatically unlock institutional capital.
$LTC is trading near $45, down 89% from its all-time high, adding pressure to a fund already struggling to attract inflows.
The LTCC fund's performance challenges a core assumption in crypto markets: that ETF approval for altcoins guarantees institutional demand. So far, that thesis hasn't held.
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