Litecoin (LTC) officially joins the Bitwise 10 Crypto Index ETF (BITW)!

Although #LTC only accounts for 0.26%, far lower than #BTC 's 74% and #ETH 's 15%, this means that Litecoin has gained recognition in regulated products 📈. Short-term trading volume has not seen significant growth, with spot transactions decreasing by about 30%, and retail investors remain cautious.

However, on-chain whales are quietly accumulating, with buying pressure dominating, indicating long-term bullish potential 💎. Short-term consolidation may occur, but inclusion in the ETF is a structural milestone, paving the way for LTC's long-term institutionalization.

Currently, the price is still below the 20-day EMA (83.81 USD), and whether buying pressure can break the downward trend will be the key next step.