ChainCatcher news, according to Bloomberg analyst James Seyffar t's post, "As expected, several cryptocurrency ETFs have once again encountered delays in review by the U.S. SEC today, including the XRP ETFs from Bitwise and CoinShares; the Litecoin ETF filing and Fidelity's physical Bitcoin ETF. However, the TRX staking ETF application submitted by Canary Capital has been officially accepted."

ChainCatcher news, Bloomberg senior ETF analyst James Seyffart stated in an analysis, "Canary Capital's Litecoin ETF application will be decided by Monday, May 5 (which may be postponed). The SEC has expedited and delayed many applications, but not this time. If there is any asset that has a chance of being approved early, in my opinion, it is Litecoin. Personally, I believe the possibility of a delay is greater, but it is definitely worth keeping an eye on."

ChainCatcher News: The U.S. Securities and Exchange Commission (SEC) has delayed the approval of the Canary spot Litecoin ETF.

ChainCatcher news, according to Bloomberg ETF analyst Eric Balchunas, although the LTC ETF being listed on DTCC does not mean that the product has been approved or is about to start trading, it shows that the issuer is preparing for trading after future approval, and the current probability of approval remains at 90%.Previous news, Canary's LTC ETF has been listed on the DTCC website, with the code LTCC.

ChainCatcher news, according to Cointelegraph, Nasdaq Stock Market LLC has submitted a proposed rule change to the U.S. Securities and Exchange Commission (SEC) aimed at listing and trading shares of the CoinShares XRP ETF and LTC ETF.

ChainCatcher news, Grayscale has officially submitted the Litecoin (LTC) ETF 19b-4 application.

According to ChainCatcher news, Fox Business reporter Eleanor Terrett disclosed that Litecoin (LTC) founder Charlie Lee stated in an interview with Fox Business Channel, "I am glad to see Canary Capital submit a Litecoin ETF application. We are indeed seeing a lot of institutional demand for Litecoin. The daily growth of the Grayscale Litecoin Trust clearly shows institutional demand, with its price currently more than twice the net asset value. Given that Litecoin is a commodity very similar to Bitcoin, I hope to see the Litecoin ETF approved soon."Previous news, ETF issuer Canary Capital has submitted a registration application for the Litecoin ETF to the SEC.