$LTC

The SEC will decide today on the proposed Litecoin ETF by Canary, a new manager born from a spinoff of Valkyrie – which has already submitted approval requests for several crypto ETFs. The SEC's decision on the LTC ETF is due today, May 5, and it is possible that approval may be granted.✅

Possible, but not certain, because the SEC still has several delays available. However, the hope is that an approval will be reached today, considering Litecoin's particular status compared to the rest of the crypto sector.

Historically, Litecoin has always been considered a non-security and therefore a commodity, thus free from the potential legal issues that have affected Solana, BNB, and many other cryptos that are waiting for approval for their ETF.