US SEC postpones Litecoin ETF decision and launches public comment period

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Foresight News report, according to Eleanor Terrett, the U.S. Securities and Exchange Commission (SEC) has announced a delay in making a decision on the Canary Funds Litecoin ETF application and has opened a public comment period. This consultation primarily focuses on whether the ETF proposal meets regulatory requirements for preventing fraud and market manipulation. The deadline for public comments is May 26, 2025, and the deadline for counter-arguments is June 9, 2025.

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