Litecoin founder Charlie Lee believes the US Security and Exchange Commission (SEC) will approve a Litecoin (LTC) exchange-traded fund (ETF). Lee shared his views during a recent interview with Bitcoin Bros, noting that its likely not if but when this happens. In his opinion, the LTC creator sees Litecoin as more similar to Bitcoin – which has multiple spot ETFs trading in the United States following a regulatory nod from the SEC early this year. According to Lee, Litecoin is a proof-of-work cryptocurrency like Bitcoin is, and the designation of BTC as a commodity could also apply to LTC. In this case, the digital ... (full story)