US EditionSEC Delays Litecoin (LTC) ETF Proposal By Canary Capital
- Regulators are set to announce their verdict on May 5, 2025, regarding Canary Capital's proposal for a spot Litecoin exchange-traded fund .
- The SEC has not issued any delay or extension for this filing, unlike prior altcoin ETF proposals that faced postponements.
- Litecoin's ETF application, filed in October 2024 using Nasdaq's 19b-4 process, is notable for a clean regulatory record and growing investor anticipation.
- Analyst James Seyffart highlighted the Litecoin ETF as the cryptocurrency fund most likely to gain prompt approval, estimating its chances of success at around 90%.
- Approval could position Litecoin as the pioneering altcoin to receive official ETF endorsement in the U.S., potentially transforming the landscape of institutional investments in alternative cryptocurrencies.
17 Articles
17 Articles
SEC Delays Litecoin (LTC) ETF Proposal By Canary Capital
The U.S. Securities and Exchange Commission (SEC) has further delayed making a decision on Canary Capital’s proposal for a spot Litecoin (LTC) exchange-traded fund (ETF).This comes after the agency delayed several other applications for spot crypto ETFs last week, including XRP, Hedera, and Dogecoin but hadn’t done so for the Canary Litecoin ETF, sparking hopes that the regulator might have different plans for this fund.But on Monday, the offici…
SEC Punts on Canary Capital Litecoin ETF Approval - WorldNL Magazine
In brief New crypto asset manager Canary Capital filed paperwork last year to launch a Litecoin ETF. The SEC was due to give a decision on the proposed product on Monday, but delayed the deadline. Asset managers are trying to launch an array of altcoin-based ETFs in the U.S. The U.S. Securities and Exchange Commission on Monday stopped short of giving the green light to a new crypto exchange-traded fund that would give investors exposure to Lite…
SEC Further Delays Litecoin ETF, Requests Public Comments
The U.S. Securities and Exchange Commission (SEC) has further delayed making a decision on Canary Capital’s proposal for a spot Litecoin (LTC) exchange-traded fund (ETF). This comes after the agency delayed several other applications for spot crypto ETFs last week, including XRP, Hedera, and…
SEC Delays Decision on Litecoin ETF by Canary Capital
The post SEC Delays Decision on Litecoin ETF by Canary Capital – Coincu appeared on BitcoinEthereumNews.com. Key Points: SEC delays decision on Canary Capital’s Litecoin ETF application. Public can provide comments until June 9. Litecoin price drops following announcement. On May 6, 2025, the U.S. SEC deferred its decision on Canary Capital’s Litecoin ETF, opening a public comment window until June 9. This postponement prompts further market scr…
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