# CoinShares Launches Litecoin ETP By Coinness Canonical URL: https://www.tokenpost.com/news/investing/7986 Published: 2021-04-06T09:32:03.000Z Updated: 2021-04-06T09:32:03.000Z Section: Investing > 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. [Coinness]() ## Links in this article - [Coinness](https://coinness.com)