Litecoin Hits 8-Month High as ETF Holdings Reach Record Levels

Litecoin (LTC) has reached an eight-month high, driven by a surge in futures open interest to approximately $670 million, though analysts note this is largely fueled by leverage rather than spot buying. US spot Litecoin ETF holdings have hit a record of 175,000 LTC, with Canary Capital’s LTCC seeing significant inflows. Despite the bullish sentiment, the RSI has reached 81, indicating overbought conditions as the price tests the $75 resistance level.