#LitecoinETF In October 2024, investment firm Canary Capital filed with the U.S. Securities and Exchange Commission (SEC) to launch the first Litecoin (LTC) spot exchange-traded fund (ETF). In January 2025, Nasdaq filed a Form 19b-4 to list the ETF, officially kicking off the SEC review process.

Analysts estimate that the approval of the Litecoin ETF could attract up to $580 million in investment if its adoption is similar to the Bitcoin ETF. Additionally, the approval of the 19b-4 by Canary Funds significantly accelerates the launch of the first Litecoin spot ETF, which has led to a 20% increase in the price of LTC, breaking the $100 level.

Previously, in October 2024, Canary Capital filed an S-1 with the SEC to create the first Litecoin ETF, marking a major step towards providing investors with direct exposure to LTC through a regulated investment vehicle.

The SEC is currently reviewing the application and a decision is expected to be made within 240 days of the 19b-4 filing.

Previously, in October 2024, Canary Capital filed an S-1 with the SEC to create the first Litecoin ETF, marking a major step towards providing investors with direct exposure to LTC through a regulated investment vehicle.