Golden Finance reported that CoinDesk reported that if the market acceptance of Litecoin ETF is similar to that of Bitcoin ETF, its first-year capital inflow may reach US$290 million to US$580 million, accounting for about 6% of LTC’s market value (US$9.6 billion). This ratio is comparable to the supply currently locked in Bitcoin ETFs. Canary Capital is actively promoting the LTC ETF, and its 19b-4 filing has entered the SEC's review process. Analysts believe that LTC’s proof-of-work mechanism, similar to Bitcoin, may increase its chances of being viewed as a commodity. While the LTC ETF may not have the same capital size as a Bitcoin or Ethereum ETF, it is expected to outperform most U.S. ETFs (just 1,330 ETFs have over $300 million in assets under management). The analysis points out that market demand remains a key variable, but even if demand is relatively low, the LTC ETF may still succeed in the crypto field.