Litecoin’s LTC climbed more than 20% in the past 24 hours after analysts speculated that an exchange-traded fund (ETF) might be in the payments token’s near future. In a Jan. 15 X post , Bloomberg ETF analyst James Seyffart pointed out that Canary Capital, which has applied to the Securities and Exchange Commission (SEC) for approval of a Litecoin ETF had seen some movement on its filing. Specifically, Canary Capital filed an amended S-1 form with the SEC. That, Seyffart suggested, could mean that it had received feedback from the regulator about its filing, which could mean that the SEC is considering making Litecoin the third token to have its own ETF after bitcoin and ether. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io