🚨NEW: @JSeyff nailed it with the delay. The agency has indeed delayed making a decision on @CanaryFunds’ $LTC ETF, and is now seeking public comment on whether the proposal to list the ETF complies with regulatory requirements, particularly in preventing fraudulent and manipulative practices. Comments are due by May 26, 2025, with rebuttals due by June 9, 2025.
The @CanaryFunds Litecoin ETF filing is due for a decision (possibly a delay) by Monday 5/5. SEC went early & delayed a bunch of filings but not this. If any asset has a chance of early approval it's Litecoin IMO. Personally think a delay is more likely but def something to watch
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