- The US SEC has reportedly begun reviewing Canary Funds' Litecoin (LTC) spot ETF.
- Canary Capital has submitted documents to the US SEC for trading a Litecoin spot ETF.
- The industry expects this Litecoin spot ETF to be the first altcoin ETF to be listed this year.
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The United States Securities and Exchange Commission (SEC) has reportedly begun reviewing the application for a Litecoin (LTC) spot exchange-traded fund (ETF) submitted by Canary Funds.
On the 30th, James Seyffart, a Bloomberg ETF analyst, reported on his X (formerly Twitter) account, "The US SEC has started reviewing the 19-4b filing submitted by Canary Capital for a Litecoin spot ETF."
Previously, on the 16th, Canary Capital submitted documents to the US SEC for trading a Litecoin (LTC) spot ETF. The industry predicts that the Litecoin spot ETF could be the first altcoin ETF to be listed this year.
Minseung Kang
minriver@bloomingbit.ioBloomingbit reporterPiCK News
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