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CoinShares Launches Litecoin ETP

Asset manager CoinShares has launched a new physically backed Litecoin exchange-traded product (ETP) on the Swiss SIX exchange.

Asset manager CoinShares has launched a new physically backed Litecoin exchange-traded product (ETP) on the Swiss SIX exchange.

Listed under the ticker LITE, each unit of the ETP will be backed with 0.20 LTC, according to an announcement.

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