#OnChainInsights The Litecoin ETF is making progress! Canary Capital, a leading digital asset-focused investment firm, has filed an S-1 with the U.S. Securities and Exchange Commission (SEC) for the first Litecoin LTC ETF ¹. This filing is a crucial step in the SEC's approval process for any new investment product.

The SEC has officially acknowledged Canary Capital's proposal, marking a significant step toward potential approval . This move opens the door for public comments and signals that Litecoin could become the third cryptocurrency, after Bitcoin and Ethereum, to receive an ETF in the United States.