Summary
- 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.
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.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.![Dow Tops 50,000 for First Time Ever as “Oversold” Narrative Spreads [New York Stock Market Briefing]](https://media.bloomingbit.io/PROD/news/1c6508fc-9e08-43e2-81be-ca81048b8d11.webp?w=250)
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