Grayscale files for Litecoin spot ETF, LTC jumps 6%
Litecoin (LTC)
Editor:
Eugene Serbin
tradersunion.com reports that Litecoin rose over 6% after Grayscale Investments filed to convert its Litecoin Trust into a spot ETF. The filing, submitted to the U.S. SEC on September 11, 2026, seeks listing on NYSE Arca and has fueled strong institutional demand. On-chain transfers approached $1 billion, accompanied by over $900 million in trading volume and futures open interest exceeding $500 million.
The price advanced beyond the 20-day, 50-day, and 200-day moving averages, confirming a robust bullish structure. LTC/USD reached $71.19, gaining $4.07 or 6.06% on the day following a 7.21% upside gap. Technical indicators showed continued buy signals, with the MACD and ADX supporting the uptrend.
However, the RSI stood at 82.7 and the Stochastic RSI at 100, indicating overbought conditions. Bull/Bear Power at 15.32 confirmed that buyers were firmly in control despite the overbought signals. Analysts noted that Litecoin was outperforming major cryptocurrencies due to heightened on-chain activity and halving cycle anticipation. The near-term ceiling is identified at $72.29, with a floor at $70.21.
How the market reacted
Whalio's own Binance spot order flow for LTC, measured when this story was written up on 25 September 2026. Not the outlet's figures.
Whalio data shows LTC trading at $71.95, with a 1-hour buy ratio of 47.2% and a 4-hour ratio of 53.1%. The 24-hour buy ratio sits at 50.7%, suggesting that short-term buying pressure is fading relative to the broader daily trend. The 1-hour volume delta is negative at -$234,725, indicating immediate selling pressure, while the 4-hour delta is positive at +$450,833. Over the last 24 hours, the volume delta is +$2,278,458, showing that net buying has outweighed selling pressure over the full day. This positive delta means that the total value of buy orders has exceeded sell orders, driving the price up. Spot volume reached $150,509,970 with 1,157,319 trades executed in the period.
The latest daily buy ratio of 44.9% sits at the 4th percentile of the last 323 days, against a median of 49.3% - among the weakest buying days it has had.
Was that an ordinary day?
The same Binance spot measurements for LTC, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio was 50.9%, making the latest day's 50.7% ratio slightly lower by 0.2 points. Volume was 4.42 times the average, marking this as an unusually active day compared to typical trading patterns. The price increased by 33.4% over eight days, with a total volume delta of +$6,273,670. Net buying occurred on 4 of the 7 days in the preceding week. This sustained volume and positive delta indicate a strong multi-day trend rather than a single-day anomaly.