🚨 Litecoin ETF critical moment! The SEC must make a decision by May 5 at the latest ⚖️, is early approval possible? 🔥
Bloomberg ETF analyst James Seyffart tweeted that the SEC has set May 5, 2025, as the deadline to approve, reject, or initiate proceedings on the Litecoin ETF application (No. SR-NASDAQ-2025-005) 📅.
He stated: "The Litecoin ETF from @CanaryFunds will be decided before May 5 (which may be postponed)." Although a postponement is still possible, Seyffart claimed: "If any asset can be approved early, I believe it is Litecoin." 🔥
SEC Assistant Secretary Sherry R. Haywood signed documents confirming that more time for review will be granted and clarified the new deadline 📜.
This development has made Litecoin the focus of regulatory attention ⚡, potentially signaling a significant turning point in the U.S. market's attitude toward crypto ETFs! 📈