In October 2024, Canary Capital submitted a proposal to launch a spot Litecoin ETF. In January 2025, the SEC (US Securities and Exchange Commission) formally acknowledged the application, initiating a review period that could last up to 240 days. The application was subsequently listed on the Depository Trust and Clearing Corporation (DTCC) system under the ticker LTCC, indicating advanced preparations for the potential launch of the fund.
