🪙 Canary Capital has just submitted an amended S-1 for the Litecoin ETF application. This could be a signal that the SEC is starting to take interest in this filing.
However, note that Canary Capital has not yet submitted the 19b-4 document. This is an important step for the SEC to officially begin reviewing the application, from which it will decide to approve or reject the ETF.
It’s not XRP or SOL; many experts believe that LTC is the cryptocurrency with the greatest chance of being the next one approved by the SEC.
The news has caused the price of LTC to immediately surge by over 10%.