The US SEC may delay approval of the Canary LTC ETF on Monday, but it is still worth paying attention to
Bloomberg Senior ETF Analyst James Seyffart wrote in an analysis that Canary Capital's Litecoin ETF application will be decided before Monday, May 5th (may be delayed). The SEC has approved and delayed many applications early, but not this time. If there's any asset that has a chance of getting early approval, in my opinion, it's Litecoin. I personally think there's a higher chance of delay, but definitely worth keeping an eye on.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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