The launch of a Litecoin ETF remains unknown, as the US Securities and Exchange Commission (SEC) has delayed its decision on Canary Capital’s filing to offer one. The Commission also revealed deadlines for comments and rebuttals on the filing.
US SEC Holds Off On Litecoin ETF Decision
In an X post, Journalist Eleanor Terrett revealed that the Commission has delayed making a decision on Canary Capital’s LTC ETF. Following this move, the agency is now seeking a decision on whether Nasdaq’s proposal to list the ETF complies with regulatory requirements. Comments are due by May 26th while rebuttals are due by June 9th.
Boluwatife Adeyemi
Boluwatife Adeyemi is a well-experienced crypto news writer and editor who has covered topics that cut across several topics and niches. Boluwatife has a knack for simplifying the most technical concepts and making it easy for crypto newbies to understand. Away from writing, He is an avid basketball lover, a traveler and a part-time degen.
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