According to Wu, Bloomberg analyst James Seyffart said that the Litecoin ETF filed by Canary Funds will receive a decision from the U.S. Securities and Exchange Commission (SEC) on May 5 at the latest, which may be a delayed decision. Previously, the SEC had delayed decisions on multiple applications in advance, but not on the ETF. He believes that if there are assets that may be approved in advance, Litecoin may have a certain possibility, although he personally prefers to expect it to be delayed.

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