The SEC may delay approving the Canary LTC ETF on Monday, but it is still worth watching
2025-05-05 06:31:53
Bloomberg senior ETF analyst James Seyffart wrote an analysis saying that Canary Capital's Litecoin ETF application will be decided by Monday, May 5th (it may be postponed). The SEC has approved and delayed a lot of applications in advance, but not this time. If there is any asset that has a chance of being approved in advance, in my opinion, it is Litecoin. I personally think an extension is more likely, but it is definitely worth watching.
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