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Asset manager Canary Capital has filed registration documents for a spot Litecoin (LTC) exchange-traded trust (ETF) with United States regulators, according to Oct. 15 documents. The filing is the latest in a proliferation of proposed ETFs holding alternative cryptocurrencies ahead of the US presidential election in November. Canary’s proposed ETF aims to hold spot LTC and closely track the performance of CoinDesk Litecoin Price Index (LTX), according to the filings. Litecoin is a decentralized peer-to-peer digital currency often pegged as a faster, lower-cost alternative to Bitcoin (BTC) for …

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