SEC Delays Review of Canary's Litecoin ETF Application

TinTucBitcoinOfficial · 2025-05-06T01:06:32+00:00

SEC delays decision on Litecoin ETF fund. Public comments open until May 26 for evaluation. Final decision likely to be postponed. Investors should exercise caution with cryptocurrency investments. Follow **TinTucBitcoin** for crypto market updates.

TinTucBitcoinOfficial

2025-05-06 01:06:32

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SEC Delays Decision on Litecoin ETF

On May 6th, an important announcement from the U.S. Securities and Exchange Commission (SEC) was made. The decision regarding the spot ETF for Litecoin (LTC), submitted by Canary Capital, has been delayed. A public comment process has been initiated to assess whether this ETF fund meets the standard requirements for fraud and manipulation prevention.

The deadline for submitting comments is May 26 ( Beijing time is May 27), and the deadline for responses is June 9 ( Beijing time is June 10). Bloomberg, through analyst James Seyffart, has predicted that the final decision is likely to be postponed.

This announcement is for informational purposes only and is not investment advice. Investors should consider carefully before making any decisions related to cryptocurrency.

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