According to ChainCatcher, Bloomberg senior ETF analyst James Seyffart analyzed that "Canary Capital's Litecoin ETF application will have a decision made by Monday, May 5th (which may be delayed). The SEC has previously approved and postponed many applications, but not this time. If there is any asset that has a chance of being approved early, in my view, it would be Litecoin. Personally, I believe a delay is more likely, but it is definitely worth paying attention to."
The US SEC may delay the approval of the Canary LTC ETF on Monday, but it is still worth paying attention to
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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