A recent amendment to Canary Capital Group's S-1 filing for its Litecoin ETF fuels speculation that the SEC might be leaning towards approval. This development, coupled with reports of the Litecoin S-1 receiving feedback from the SEC, strengthens the belief that Litecoin could be the next cryptocurrency to gain ETF approval.
Canary Capital Group, a firm created by co-founder of Valkyrie Funds Steven McClurg, recently amended its S-1 filing for its ETF .
This might indicate that the SEC is leading toward approving such a product. However, nothing is certain for now. Ripple CEO Says SEC's Opening Brief Is 'Definition of Insanity' Bitcoin : This Breakout Opens $100,000, Major Dogecoin Reversal Pattern Here, Solana Bounces Off: But What's Next? "We had heard chatter that the Litecoin S-1 had gotten comments back from SEC. This looks to confirm that which bodes well for our prediction that Litecoin is most likely to be the next coin approved," Balchunas said. Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.
Litecoin ETF SEC Approval Canary Capital
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