Monochrome Asset Management has filed for a new ETF focused on Litecoin, known as the Monochrome Litecoin ETF (LTCC), to cater to investor interest in regulated cryptocurrency access.

The approval of the Litecoin ETF application is contingent on regulatory and exchange review to ensure compliance with legal standards.

Litecoin, established by Charlie Lee in 2011, is recognized for its faster transaction processing, making it a robust option for investors seeking efficiency in digital assets.