Home NewsAltcoin Litecoin ETF Inflows Surge as $LTC Tops $100

Litecoin ETF Inflows Surge as $LTC Tops $100

by Ouess
Litecoin ETF inflows

The Litecoin ETF inflows continues to impress investors, posting a record net inflow of $2.11 million on November 10 — its highest single-day inflow since launch. With total assets under management now at $6.06 million, this milestone marks a potential turning point for the ETF, signaling growing institutional interest in $LTC as it reclaims a top 20 position among altcoins.

Litecoin ETF Inflows Hit Record High

The $2.11M net inflow recorded on November 10 is notable for being the largest daily inflow since the ETF launched. Doubling the total AUM to $6.06M, the performance suggests that institutional and retail investors are finally gaining confidence in Litecoin as an ETF-backed product. Analysts suggest that yesterday’s inflow may mark the true beginning of the Litecoin ETF’s sustained growth.

Litecoin ETF inflows
Litecoin ETF Inflows Source : SoSoValue

$LTC Price Rebounds Above $100

Alongside ETF demand, Litecoin’s market price surged past $100, trading around $102, which represents a 17% gain week-over-week. Its market capitalization now sits at $7.838B, firmly placing it within the top 20 altcoins and ahead of SUI. The combination of price appreciation and ETF inflows underscores growing investor appetite for Litecoin-backed exposure.

Litecoin ETF inflows
CMC tokens Ranking Source : CMC

Privacy Token Hype Boosts Litecoin

Litecoin is categorized by CoinMarketCap as a privacy token, a sector that has garnered significant attention over the last two weeks. The broader hype around privacy-focused cryptocurrencies has contributed to Litecoin’s price recovery, placing it just behind Zcash ($ZEC), the top privacy token by market capitalization. As the second-largest privacy token, Litecoin is benefiting from renewed market interest and trending narratives in the crypto community.

Litecoin ETF inflows
CMC Privacy tokens Ranking Source : CMC

Conclusion

The Litecoin ETF’s record $2.11M inflow on November 10 and rising $LTC price above $100 signal a pivotal moment for both the fund and the asset itself. Supported by privacy token hype and strong market positioning, the Litecoin ETF is showing signs of becoming a serious player in the altcoin ETF landscape. positioning, the Litecoin ETF is showing signs of becoming a serious player in the altcoin ETF landscape.

You may also like

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy
Social Media Auto Publish Powered By : XYZScripts.com
Skip to content