$BTC

🚨📣: The U.S. Securities and Exchange Commission (SEC) has postponed approval of a new cryptocurrency exchange-traded fund (ETF) that would expose investors to Litecoin.

- Canary Capital filed paperwork for its Litecoin fund in October.

- The SEC has dozens of cryptocurrency ETF applications to consider, following its approval of Bitcoin ETFs last year.

- Major asset managers such as Bitwise, Franklin Templeton, Grayscale, and 21Shares have filed paperwork seeking approval for their cryptocurrency ETFs, with coins like Solana, XRP, and Cardano among the top targets.