PANews reported on January 17 that CoinDesk reported that if the market acceptance of Litecoin ETF is similar to that of Bitcoin ETF, its first-year capital inflow may reach 290 million to 580 million US dollars, accounting for about 6% of LTC's market value (9.6 billion US dollars). This ratio is equivalent to the supply currently locked in Bitcoin ETF.

Canary Capital is actively promoting LTC ETF, and its 19b-4 filing has entered the SEC review process. Analysts believe that LTC's similar proof-of-work mechanism to Bitcoin may increase its chances of being considered a commodity. Although the size of the LTC ETF may not be as large as Bitcoin or Ethereum ETFs, it is expected to outperform most US ETFs (only 1,330 ETFs manage assets of more than $300 million).

The analysis points out that market demand remains a key variable, but even if demand is relatively low, the LTC ETF may still be successful in the crypto space.