SEC Silent on Canary Litecoin ETF Amid US Government Shutdown
18 Articles
18 Articles
SEC Silence Stalls Litecoin ETF Decision as LTC Price Holds Near Monthly Highs
Litecoin (LTC) remains steady near its monthly highs despite new regulatory setbacks, as the U.S. Securities and Exchange Commission (SEC) failed to act on Canary Capital’s proposed spot Litecoin STF. The deadline passed on Thursday without any update, leaving the much-anticipated product in limbo. The delay occurs at a crucial time for crypto ETFs, coinciding with a U.S. government shutdown that has hampered financial oversight and added to the…
SEC Silence on Litecoin ETF: How a Government Shutdown Halts a Major Crypto Fund News ETHNews
The U.S. government shutdown forces SEC delays, creating uncertainty for the Litecoin ETF’s October 2 deadline. A required S-1 form withdrawal makes the original deadline irrelevant for the proposed Litecoin investment fund. A final decision from the U.S. Securities and Exchange Commission on the Canary Litecoin ETF is scheduled for October 2. However, a partial federal government shutdown has introduced considerable uncertainty. The SEC is now …
SEC Misses Decision Deadline for Canary’s Spot Litecoin ETF Amid Shutdown Uncertainty
SEC missed the deadline for the Canary Litecoin ETF as shutdown limits staff and delays decisions. New SEC rules shift focus to S-1 filings leaving old 19b-4 deadlines unclear for crypto ETF applicants. Multiple altcoin ETFs wait for approval as market interest grows in Solana Cardano and other tokens. The U.S. Securities and Exchange Commission (SEC) missed its Thursday deadline to decide on Canary Capital’s spot Litecoin ETF. The absence of a …
SEC Misses Deadline on Canary Capital’s Litecoin ETF Amid Shutdown
The post SEC Misses Deadline on Canary Capital’s Litecoin ETF Amid Shutdown appeared on BitcoinEthereumNews.com. The post SEC Misses Deadline on Canary Capital’s Litecoin ETF Amid Shutdown appeared first on Coinpedia Fintech News The SEC missed its Thursday deadline to decide on Canary Capital’s spot Litecoin ETF, with the government shutdown causing further delays. According to Bloomberg analysts, the setback may not be significant, as the regu…
Litecoin price near monthly highs amid ETF silence from SEC
Litecoin price remained in an uptrend even as approval for the first spot Litecoin exchange-traded fund from Canary Capital has been delayed due to an ongoing U.S. government shutdown. However, analysts are certain the launch is still on track and…
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