🚀 The SEC has begun reviewing the application for a Litecoin ETF!
🔥 #LTC may get its ETF! The SEC has accepted the application from Canary Capital – the official review process is now underway.
❗️ Important: this is not an approval, but only the first step. The regulator now has 240 days to make a final decision. This period is divided into 4 stages:
✅ 45 days
✅ 45 days
✅ 90 days
✅ 60 days
⚡ What does this mean for the crypto market?
— Institutional money may flow into #Litecoin if the ETF is approved.
— For now, it's just anticipation, but the news is already creating a positive backdrop for LTC.
— The closer we get to the final decision, the more volatility we can expect.
📊 Stay tuned for updates! The Litecoin ETF could become the next major event for the market.