Litecoin's $100 ambition grows after ARK's CoinDesk 20 S-1; OI up $317M
ARK Invest filed a Form S-1 for the Ark CoinDesk 20 Crypto ETF, which seeks a NYSE listing and tracks the CoinDesk 20 Index. The Litecoin Foundation said LTC will be included in the index, offering indirect institutional access. Aggregated open interest rose by about $317 million over the week, and activity on-chain picked up.