#LitecoinETF Here's a concise timeline of key events related to the development of a Litecoin (LTC) exchange-traded fund (ETF):
January 15, 2025: Nasdaq submitted a 19b-4 filing to the U.S. Securities and Exchange Commission (SEC) to list a spot Litecoin ETF proposed by Canary Capital.
January 27, 2025: Bloomberg ETF analyst Eric Balchunas reported that the SEC had provided feedback on Canary Capital's S-1 registration for the Litecoin ETF, indicating active regulatory engagement.
February 4 and 10, 2025: The New York Stock Exchange (NYSE) and Nasdaq filed applications with the SEC for the Grayscale Litecoin Trust and CoinShares LTC ETF, respectively.
February 11, 2025: Bloomberg analysts Eric Balchunas and James Seyffart estimated a 90% probability of SEC approval for a Litecoin ETF, citing its market stability and regulatory compliance.
February 14, 2025: The SEC confirmed receipt of a 19b-4 application from Grayscale and NYSE seeking approval for a Litecoin ETF.
February 22, 2025: The SEC opened a 21-day public comment period for Canary Capital's Litecoin ETF proposal, marking a significant step in the regulatory review process.
The SEC has up to 240 days from the initial filing dates to make final decisions on these applications, with potential rulings expected by September 2025.