1 day ago · The U.S. Securities and Exchange Commission (SEC) has officially acknowledged Canary Capital's proposal for a spot Litecoin (LTC) exchange-traded fund (ETF), marking a significant step toward ...

1 day ago · This filing is part of a larger trend of exploring altcoin ETFs, with other filings, such as those for XRP and Solana (SOL), also on the SEC’s desk. However, Litecoin’s proposal seems to have gained more traction, with analysts predicting that the SEC could approve it more quickly than others due to ongoing regulatory challenges surrounding ...

2 days ago · Litecoin saw double-digit gains after the SEC acknowledged Canary Capital's Litecoin ETF filing. This puts it ahead of XRP and Solana ETF filings, which have yet to be acknowledged by the SEC.

2 days ago · The US Securities and Exchange Commission (SEC) has officially acknowledged Canary Capital’s 19b-4 application for spot Litecoin exchange-traded fund (ETF). This marks it the first altcoin 19b-4 to be acknowledged, senior Bloomberg ETF analyst Eric Balchunas, wrote on X. The other applications were told to withdraw by the SEC under Gary Gensler.

2 days ago · The Securities and Exchange Commission has acknowledged Canary Capital’s Litecoin ETF proposal, opening public feedback as it inches closer to a possible reality for a U.S. listing. "This is the first altcoin ETF filing to get acknowledged," Bloomberg Senior ETF analyst Eric Balchunas said on X, noting that the proposal has made the most progress in meeting regulatory requirements.

2 days ago · Litecoin (LTC) Price Performance. Source: BeInCrypto. Still, this simple gesture does not guarantee the success of Canary Capital’s Litecoin ETF. Since Gary Gensler resigned, a flurry of altcoin ETF applications has reached the SEC, including many with dismal chances of success. The SEC’s actions here will serve as an important data point.

2 days ago · Litecoin LTC/USD soared to double-digit gains on Wednesday after the SEC formally acknowledged its exchange-traded fund application.. What happened: The regulator solicited comments on the ETF ...

Rule Change to List and Trade Shares of the Canary Litecoin ETF under Nasdaq Rule 5711(d) Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (“Act”), ... LLC (“Nasdaq” or “Exchange”) filed with the Securities and Exchange Commission (“SEC” or “Commission”) the proposed rule change as described in Items I and ...

2 days ago · The SEC requires assurances that Litecoin is sufficiently liquid and resistant to market manipulation, along with a secure custodial solution to safeguard investor assets. Transparency is key; the ETF must offer regular updates on its holdings and performance.

Oct 15, 2024 · Today, leading digital asset-focused investment firm Canary Capital has filed an S-1, with the U.S. Securities and Exchange Commission (SEC), for the first Litecoin LTC ETF.