FOX reporter Eleanor Terrett said in a social media post that Litecoin founder @SatoshiLite (Charlie Lee) issued the following statement regarding Canary Funds' recent application for a LTC ETF: "I am pleased to see Canary Capital apply for a Litecoin ETF. We do see a lot of institutional demand for Litecoin. This is clear from the daily growth of the Grayscale Litecoin Trust, which is priced at more than twice its NAV. Given that Litecoin is a commodity very similar to Bitcoin, I hope to see the Litecoin ETF approved soon."