Nasdaq filed a 19b-4 and an amended S-1 form on Wednesday on behalf of Canary Capital seeking approval from the SEC to launch the Canary Litecoin exchange-traded fund (ETF). The move comes a year after the regulator’s historic approval of multiple spot bitcoin ETFs in January 2024 and subsequent approvals of ether ETFs a few months later in May. Talk of a solana ETF approval has been floating around, but some experts believe a Litecoin ETF will be approved first.“We had heard chatter that the Litecoin S-1 had gotten comments back from [the] SEC,” said Bloomberg ETF Analyst Eric Balchunas. “This looks to confirm that which bodes well for our prediction, that Litecoin is most likely to be the next coin approved.”
Litecoin ETF Inches Closer to Potential Approval Following Regulatory Filings
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