Key Notes
Canary’s LTCC ETF recorded $1.64 million in net assets by October 31.
Litecoin trails Solana and Hedera ETFs in investor inflows.
Stake.com now accounts for roughly 16% of Litecoin’s daily on-chain transactions.
Litecoin price closed October at $99, gaining 3% as the U.S. welcomed its first Litecoin ETF. Canary’s LTCC fund began trading on October 28, joining Solana and Hedera ETFs as the latest cryptocurrency derivatives assets listed for regulated trading in the US.
According to data from SoSoValue, LTCC’s cumulative total net inflow reached $719,970, with $802,260 in total traded value and $1.64 million in total net assets as of October 31.
The MACD line has crossed above the signal line (-2.30 vs -3.17), signaling a potential bullish reversal. With the histogram now turning positive, LTC price appears poised for an attempt to reclaim the $100 psychological mark, followed by resistance at $109.97.
Conversely, failure to hold the $95 support level could trigger a mild retracement toward $89.50, aligning with the lower Bollinger Band.
