Litecoin is being considered as a cryptocurrency with a high possibility of launching a spot exchange-traded fund (ETF) following Bitcoin and Ethereum.
According to the cryptocurrency industry on the 2nd, the U.S. Securities and Exchange Commission (SEC) has begun reviewing the listing application (19B-4) for a Litecoin spot ETF submitted by Canary Capital. Global asset management firms Grayscale and CoinShares have also submitted 19B-4s for a Litecoin spot ETF.
The market believes that a Litecoin spot ETF is more likely to be approved before cryptocurrencies with higher market capitalizations like Ripple and Solana. Unlike Ripple and Solana, which are classified as securities, Litecoin is considered a commodity. The fact that it is a cryptocurrency derived from Bitcoin, which already has a spot ETF, further increases the likelihood of approval. Eric Balchunas, a Bloomberg ETF analyst, predicted, “Litecoin is already regarded as a commodity and is likely to be the first altcoin ETF to be listed this year.”
As expectations for spot ETF approval grow, Litecoin’s price has also surged. According to the cryptocurrency exchange Binance, Litecoin rose about 20% over two days, surpassing the $130 mark for the first time in 12 days.
Investors are also predicting a long-term price increase for Litecoin. On-chain data analysis platform IntoTheBlock reported, “80% of addresses holding Litecoin are long-term investors who have held it for over a year,” adding, “In January, the daily active addresses reached 1.37 million, surpassing Bitcoin and Ethereum.”
In Korea, trading Litecoin is not possible. Previously, domestic cryptocurrency exchanges delisted Litecoin following the enforcement of the Act on Reporting and Using Specified Financial Transaction Information.
Hwang Doo-hyun, BloomingBit Journalist cow5361@bloomingbit.io
The Economic Offences Wing (EOW) CID police registered a case against a Chennai-based cryptocurrency investment firm and its director for defrauding investors by promising high monthly returns.
Investors claimed that TFT Block Chain Services Private Limited, operating under the name Tycoon Fintech, defrauded the public by collecting investments ranging from ₹20 crore to ₹30 crore.
Published – March 21, 2026 07:04 pm IST
The Fairfax Scam Jam unpacks two of the fastest‑growing threats: romance‑based investment schemes and cryptocurrency fraud. Scammers often initiate contact through friendly wrong‑number texts, dating apps, and social media, then spend weeks or months building trust. Once a relationship feels established, victims are encouraged to “invest” in cryptocurrency, gold, or foreign currency through fraudulent platforms operated by criminal organizations.
You’ll learn how these schemes operate step‑by‑step, the psychological tactics scammers use, and the financial and emotional devastation they leave behind. Presenters will share actionable tools for recognizing early warning signs, having preventative conversations with loved ones, reporting fraud, and recovering when possible. Whether you’re new to digital safety or a seasoned advocate, this year’s Scam Jam will give you the knowledge you need to stay a step ahead of scammers.
The 9th Annual Fairfax Scam Jam is a community collaboration between AARP Virginia and the Fairfax County Silver Shield Anti-Scam Program.
Resource Fair exhibitors will be on hand until 1 p.m.
Representatives from county, state and federal agencies will be available to answer your fraud and scam questions one-on-one.
Complimentary lunch is provided to registered guests.
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