Litecoin targets $100: Could ARK Invest’s S-1 filing be LTC’s ‘SUI moment’?

Litecoin returned to focus after ARK Invest filed a Form S-1 for the Ark CoinDesk 20 Crypto ETF.

The proposed product sought a New York Stock Exchange listing and tracked the CoinDesk 20 Index. In a post, the Litecoin Foundation confirmed LTC would receive an allocation as an index constituent.

That inclusion positioned Litecoin for indirect institutional exposure through a regulated investment vehicle.

Why this matters

Even though the filing is not an indicator of instant investment, its effect could be felt on Litecoin’s [LTC] institutional interests.

Being at par with Bitcoin and other major altcoins in an index-based ETF reinforces LTC’s role as a high-liquidity, long-standing crypto asset.

For traditional investors, the ETF offers regulated exposure without direct interaction with Spot markets.

Derivatives reacted quickly

Market data showed a sharp derivatives response following the disclosure.

Aggregated Open Interest rose by roughly $317 million on a weekly basis, according to Coinalyze. That move suggested elevated speculative positioning rather than confirmed Spot accumulation.

Even so, Derivatives interest often preceded broader positioning shifts during ETF-linked narratives.

Litecoin Open interestsLitecoin Open interests

Source: Coinalyze

For comparison,  SUI prices surged by 49% when the listing of filed S-1 registration statements with the SEC for spot SUI  ETFs by Bitwise and Canary Capital back on the 18th of December.

LTC price analysisLTC price analysis

Source: TradingView

On-chain activity also showed improvement during the same window.

Santiment data indicated rising Active Addresses over the past seven days. That increase aligned with renewed trader attention around Litecoin’s ETF-related exposure.

Litecoin active addressesLitecoin active addresses

Source: Santiment

What to watch next?

The likelihood of this combination of positive sentiments and developments translating into a sustained bullish run will depend solely on LTC’s developments. If the token institutional demand keeps surging, LTC prices could be in for significant gains in the near future.

All in all, if the same trajectory witnessed on SUI replicates, LTC prices could be in for a massive rally in the near future. If the ETFs receive approval, Litecoin could enter a golden phase, potentially breaking back above the $100 mark.

Moreover, a price surge comparable to the rally seen after the SUI ETF filings could significantly strengthen LTC’s bullish breakout prospects.

Litecoin price analysisLitecoin price analysis

Source: TradingView


Final Thoughts

  • Litecoin [LTC] drew attention after ARK Invest filed an S-1 for the CoinDesk 20 ETF.
  • Open Interest rose about $317M, signaling speculative positioning, not confirmed Spot demand yet.

 

Next: Aster’s 5% jump: How CZ’s stake is ‘dismantling’ manipulation fears

Source: https://ambcrypto.com/litecoin-targets-100-could-ark-invests-s-1-filing-be-ltcs-sui-moment/