*SEC Faces Deadline for Litecoin ETF Decision! 🚨*
The US Securities and Exchange Commission (SEC) is expected to make a decision on the Litecoin spot ETF application submitted by Canary Capital. However, analyst James Seyffart believes the SEC will likely postpone its final decision rather than approve or reject it outright.
*Litecoin ETF Approval Chances*
- 90% chance of approval in 2025, according to Bloomberg ETF analysts
- Regulatory filings acknowledged, likely viewed as a commodity
*Potential Outcome*
- Litecoin ETF could launch before October 18, 2025, if approved
- Regulated access to Litecoin for investors, potentially attracting institutional investors
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