Canary Spot Litecoin ETF steps closer to potential SEC approval
The SEC has acknowledged Canary Capital's Litecoin ETF filing. This could lead to the first altcoin ETF outside of Bitcoin and Ether being approved in 2025.
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The SEC has acknowledged Canary Capital's Litecoin ETF filing. This could lead to the first altcoin ETF outside of Bitcoin and Ether being approved in 2025.
Canary Capital's Litecoin ETF has become the first altcoin 19b-4 to be acknowledged by the US Securities and Exchange Commission. The post US SEC Officially Accepts Canary Capital's Litecoin ETF Filing appeared first on Cryptonews.
Canary's proposed Litecoin ETF aims to eliminate the technological hurdles that have historically irked mainstream investors.
In a crucial signal of approval, the SEC formally acknowledged Canary Capital's 19b-4 filing for a Litecoin ETF. This is the first altcoin ETF after Ethereum to receive this nod, and it locks the Commission into a deadline to approve or reject it.
The U.S. Securities and Exchange Commission (SEC) has acknowledged Nasdaq's 19b-4 filing for the Canary Litecoin ETF. This marks a key step in the process of approving a spot Litecoin ETF, as the agency now seeks public input before making a decision.
The SEC is asking the public to comment on a proposal for the Canary Litecoin ETF, moving the ball forward on next steps toward approval.
Australian asset management firm Monochrome filed for a spot litecoin (LTC) exchange-traded fund (ETF) with the securities and derivatives exchange Cboe Australia on Tuesday. The firm already manages a $50 million bitcoin ETF and a $2 million ether ETF, both approved in 2024, months after similar approvals were given in the United States. Neither U.S.
Litecoin network is up by 30% in Hashrate, signaling rising adoption and demand.
CoinShares has officially entered the race to launch a Litecoin (LTC) spot ETF. CoinShares is Europe's largest digital asset investment firm, and the news of its push for an LTC ETF sparked mixed reactions.
Litecoin (LTC) has emerged as a standout performer in the crypto market, climbing 4.18% in the last 24 hours to reach $128.01. The price surge is attributed to heightened whale activity, network advancements, and renewed excitement over a potential Litecoin exchange-traded fund (ETF).
A leveraged ETF uses financial derivatives and debt to amplify the daily returns of the underlying security.
Litecoin (LTC), often dubbed the “silver to Bitcoin's gold,” is back in the spotlight as speculation over a potential exchange-traded fund (ETF) and increased whale activity suggest growing institutional interest. Recent data reveals a significant uptick in large-scale transactions, signaling that major investors are turning their attention to the cryptocurrency.
Solana price crashed on Monday, mirroring the performance of other cryptocurrencies. The drop is also because of the stock market sell-off after the DeepSeek success and the potential for a hawkish Fed.
Litecoin reaches $128.01 with 4.18% gains, driven by $2.85 billion in daily whale transactions and ETF speculation, while network improvements and increased social engagement support market momentum.
Litecoin continues its impressive rally, driven by whale activity and robust market dynamics.
Litecoin (LTC) has recently seen a marked increase in whale activity, according to on-chain data. According to IntoTheBlock data, Litecoin has seen an increase in large transaction volumes in the last 24 hours following days of stagnation.
Litecoin (LTC), one of the most established cryptocurrencies, has been gaining attention as it aims to maintain a solid foothold in the market. With Bitcoin leading the charge in the crypto world, Litecoin's price has been showing some interesting patterns, raising questions among investors.
Litecoin's price surged by 25% this week following news that Grayscale filed for a spot Litecoin ETF, sparking demand from institutional investors.
Litecoin price rose by almost 10% on Saturday, becoming one of the best-performing coins asthe odds of an exchange-traded fund approval rose. Litecoin (LTC) rose for the third consecutive day, reaching its highest level since Jan.
Asset managers Grayscale and Coinshares have joined the race to launch a Litecoin (LTC) Spot ETF drawing reactions from the crypto community ranging from excitement to criticism.
Litecoin corrected over the past few weeks, but could this change soon?
The spotlight is currently on iDEGEN (IDGN), a crypto project blending AI with community governance, as major players like Grayscale and CoinShares make strategic moves towards establishing Exchange-Traded Funds (ETFs) for Litecoin, Solana, and XRP.
The cryptocurrency market has maintained its bullish price action for the 3rd consecutive day, highlighting a rising positive outlook. Moreover, with the latest update of the Grayscale filing on a potential Litecoin ETF, its native token, LTC price maintains its upward trajectory by adding ~20% this year.
Grayscale has filed with the SEC to launch an ETF for Litecoin and Solana, along with several other crypto-related ETFs.