Litecoin (LTC), one of the oldest cryptocurrencies, is marking its 14th anniversary with significant milestones, including the launch of the first-ever U.S. Litecoin spot ETF and growing institutional interest. Created in 2011 by former Google engineer Charlie Lee as a fun side project, Litecoin was designed to improve upon Bitcoin's framework by offering faster block generation times, lower transaction fees, and a larger maximum supply of coins.
Lee recently reflected on X, stating, "I created Litecoin as a fun side project in 2011. 14 years later, institutions are adding it to their balance sheets and can access it through traditional markets. Wild to think that it will outlive me." This highlights Litecoin's evolution from a humble beginning to a key player in the crypto space, often referred to as "the silver to Bitcoin’s gold."
Key developments include the Canary Fund's Litecoin spot ETF, which began trading on Nasdaq under the ticker LTCC on October 28, 2025, facilitating easier access for traditional investors. Institutional adoption is rising, with companies adding LTC to their balance sheets, and the network has processed over 3 million blocks with 14 years of continuous uptime.
Market metrics show Litecoin trading at $107, supported by a 6% increase in whale wallets holding over 100,000 LTC in three months and a record $15.1 billion in daily on-chain volume. These factors underscore Litecoin's resilience and ongoing relevance in the digital economy.