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Reports citing HTX market data state that LTC broke through 71 USD，24 with a one-hour gain of 12.3%。
LTC breaks above 71 USD，24 hourly gain widens to 12.3%BlockBeats reports that September 24, according to HTX market data,LTC breaks above 71 USD，24 hourly gain widens to 12.3%.
On the news front,September 13, Grayscale plans to rename Grayscale Litecoin Trust (LTC) to “Grayscale Litecoin Trust ETF”, with its shares planned to list under the ticker LTCN on NYSE Arca.
Original link NYSE Arca listed.
Original link https://m.theblockbeats.info/flash/368881
BlockBeats cites HTX market data as saying that LTC breaks above 71 USD。
the report shows that LTC 24 hourly gain widens to 12.3%。
The report mentioned that Grayscale plans to rename Grayscale Litecoin Trust to “Grayscale Litecoin Trust ETF”。
These trust units are proposed to use LTCN as the ticker on NYSE Arca for listing.
The following is analysis, separate from reported facts. Verify important claims independently.
LTC is the trading asset mentioned in the report. According to the HTX market data,LTC the price exceeded 71 USD, and over the past 24 hours it rose by 12.3%. The report also mentioned a proposed trust renaming and listing plan.
The price breakout and relatively large 24-hour gain indicate that market volatility was relatively high at the time described in the report; however, the report did not establish that ETF the plan was the direct cause of the increase.
The key points to watch are whether the price continues to remain above 71 USD and whether there is any formal progress on the relevant registration statement and listing plan.
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View glossary →An exchange-traded fund (ETF) is a fund product that can be traded on the market like a stock.
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