Australian asset management firm Monochrome filed for a spot litecoin (LTC) exchange-traded fund (ETF) with the securities and derivatives exchange Cboe Australia on Tuesday. The firm already manages a $50 million bitcoin ETF and a $2 million ether ETF, both approved in 2024, months after similar approvals were given in the United States. Neither U.S. nor Australian regulators have given the greenlight to a spot litecoin ETF thus far.

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