Institutions are buying Litecoin (LTC) at a 1,200% price premium

Litecoin demand among institutional investors on Grayscale Investments surged last week ahead of the protocol’s Mimblewimble upgrade and as fears of inflation have risen among US investors, as per reports.

Litecoin sees 1,000% premiums

Data from on-chain analytics firm Arcane Research showed Litecoin briefly traded at a 1,200% premium on Grayscale’s newly launched Litecoin trust. The occurrence also led some market observers to question if the broader cryptocurrency had indeed matured…


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