Litecoin is now walking the EXACT path Bitcoin and Ethereum took into mainstream portfolios. Grayscale filed to turn its Litecoin Trust into a spot ETF on NYSE Arca, same LTCN ticker, same move they made with GBTC and ETHE, and Bloomberg's @EricBalchunas and @JSeyff have the odds near 100%. The thing i found interesting is how loosely that trust has tracked the Litecoin inside it, anywhere from a 5,893% premium to a 67% discount since 2020, cuz there was never a way to create or redeem shares so the price just kind of drifted. Every time an ETF like this gets closer somebody asks me why they'd own LITS instead, which is honestly a fair question. But the way I see it the two are built for different jobs. The ETF gives you clean spot exposure, which is exactly what a lot of allocators need, while we hold Litecoin and actually do things with it, buying back stock when it trades below the Litecoin behind it etc More doors into Litecoin makes the whole market bigger, so the more of these the better, even if this one's still waiting on the SEC.

Two of the top three stories on my feed today are about Litecoin, and the network itself is just doing what it always does.

Yeah Frank's math is right on this one. At 0.33x mNAV you're basically paying a dollar for about three dollars of token, and I don't think most people have actually sat down and run that yet. Running one of these day to day, the thing I've learned is you don't have to just sit on a discount and hope the market sorts it out, cuz you can actually work on it yourself. If the stock trades under the coin behind it and you buy some back, everybody still holding ends up with a bit more Litecoin per share. That's basically what our year looked like: - About 4.9M shares came off the count, roughly 13% of what was outstanding. - Mostly Litecoin sales paid for it, with covered call premium covering the rest. (NONE OF IT WAS FUNDED WITH DEBT) And look, early on a lot of people bought these like they were premium stories and the underlying was an afterthought, so I'm genuinely glad the crowd showing up now is the one doing the math.

wait until the market finds out about mweb

The most reliable relationship I've had in crypto, and it only asks for a fraction of a cent.

"It's ridden out every cycle and it's still here." @jay_lits on why Lite Strategy built its treasury on Litecoin.

Resilience is a boring word until you watch what happens to the things that do not have any. Almost every asset in this space has a story about the time it nearly went under. A hack, an emergency fork, a foundation running out of money, a rescue nobody likes talking about afterwards. Litecoin does not really have one of those, and it has been here since 2011 with plenty of opportunity to pick one up.

Turns out the reason banks stay away from blockchain is not the one everyone assumes. Watched an interview with Lux Thiagarajah at OpenPayd and his third blocker stuck with me. ''Blockchain is currently TOO transparent'' Which is a strange sentence to sit with, because transparency is the thing this industry has been selling for a decade. Turns out it reads as a feature right up until it is your balance sheet on display, and then it becomes the reason you keep your flows on the old rails. Litecoin shipped an answer to that in 2022 and mostly got shrugged at for it. FYI: over 500,000 litecoin:native in MWEB right now, and nobody was paid to put it there.

The people who pay the most to move money are almost always the ones who can least afford it, and I do not think we sit with that fact nearly enough. Its so absurd that The World Bank puts average remittance fees at 6.36%, and closer to 15% through banks. On a typical $200 transfer, that’s $13-$30 gone before it arrives, straight out of already stretched pockets. In contrast, Litecoin can facilitate the same transfer for less than a third of a penny, and the cost remains almost unchanged whether you're sending $200 or $200,000. The difference between a system that takes a percentage of everything and one that charges almost nothing is not a small technical detail, it is the whole point of why any of this was worth building.

I think we underrate how much of adoption is just being the OBVIOUS choice when someone finally goes looking. A wealth platform like @swissborg adding Litecoin is exactly that (the network showing up as a default, not a discovery). And they grouped it with two words, established and payment oriented, which honestly tells you more than any price chart could. Those are the things you WANT said about money, and they are the things Litecoin quietly spent years earning while nobody clapped. PERIOD.

Looking forward to engaging with institutional investors next week in New York about the momentum we are building at Lite Strategy.

One year ago today the ticker changed. Litecoin stopped being the asset institutions had an opinion about and became one they could hold through a brokerage, and nothing about why has needed rewriting since. Payments. Privacy. Hard money.

When the stock trades well below the value of the Litecoin behind it, converting some of those coins into retired shares is the move that actually helps the people still holding. People react like the wall came down, but the math runs the other way.

We keep comparing chains to other chains, and I think that misses the point entirely. What Litecoin is really up against is the 3% your card takes, the $25 a wire costs, the cut a remittance service skims off someone sending wages home. Put a $0.00038 median fee next to that and it is not an improvement, it is a different thing altogether. And it has stayed that cheap for years, which only happens when nobody is quietly footing the bill to make the number look good. That is just what it costs. Here is where it gets interesting to me, Machines are about to start paying each other, agents settling tiny amounts thousands of times a day, and none of that works if every transaction costs real money. The rails that win the next decade are the ones cheap enough to not think about, and Litecoin quietly became that while everyone was looking somewhere else.

Not really about crypto, but also completely about crypto.

Litecoin has outlived almost everything that was launched to replace it. - 8.625M addresses holding a balance - 505,481 LTC pegged into MWEB, a record high - 3,000,000 blocks produced since 2011 - 250M+ @LitecoinVM testnet transactions - Named a digital commodity by the SEC and CFTC.

Happy to be part of this panel, talking through @LiteStrategy's Litecoin treasury and our plan to participate and improve this ecosystem further

Decentralized Innovation meets Corporate Strategy nitter.net/i/broadcasts/1kJzDPpBX…

What sold me on Litecoin was not any one feature, it was that it has ridden out every cycle since 2011 and come out the other side still doing exactly what it was built to do. More on that with @missteencrypto on the @LTCFoundation pod.

Excited to be part of a conversation around the practical side of decentralized innovation and how it’s shaping the way companies think about strategy and execution. I’ll be sharing the room with @CryptoRocky, @circle_crypto and @DaddyCool1991. Don’t forget to join us tomorrow at 1pm ET.