#AltcoinETFsPostponed the U.S. Securities and Exchange Commission (SEC) is reviewing multiple applications for a spot Litecoin (LTC) exchange-traded fund (ETF). Notably, Nasdaq filed a 19b-4 form on January 16, 2025, to list and trade a spot Litecoin ETF proposed by Canary Capital.

This filing is a critical step toward regulatory approval. Bloomberg analysts Eric Balchunas and James Seyffart estimate a 90% chance of SEC approval for a spot Litecoin ETF by the end of 2025, citing Litecoin's classification as a commodity similar to Bitcoin.

If approved, this would mark the first altcoin ETF in the U.S., potentially increasing institutional adoption of Litecoin.