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The US SEC may delay the approval of the Canary LTC ETF until this Monday, but it is still worth following.
On May 5, Bloomberg senior ETF analyst James Seyffart published an analysis stating, “The Litecoin ETF application from Canary Capital will be decided before Monday, May 5 (it may be postponed). The SEC has approved and delayed many applications in advance, but not this time. If there is any asset that has a chance of being approved in advance, in my opinion, it is Litecoin. Personally, I believe the likelihood of a delay is greater, but it is definitely worth following.”