$LTC Recent reports suggest that the SEC has been actively engaging with the Litecoin ETF proposal submitted by Canary Capital. This interaction could be a positive sign for the potential approval of the ETF. While the SEC's final decision remains uncertain, the ongoing dialogue indicates that regulators are carefully considering the implications of a Litecoin ETF.

The SEC's feedback on the S-1 filing, although not publicly disclosed, is likely crucial for the ETF's future. It may include guidance on specific requirements or concerns that Canary Capital needs to address before the SEC can proceed with a formal review.

The changing leadership at the SEC, with Paul Atkins taking over as chair, could also influence the regulatory landscape for cryptocurrencies. Atkins' potential stance on cryptocurrencies and ETFs is currently a subject of speculation, but his past statements and experience could provide some insights into his approach.