The SEC has postponed its decision on the Litecoin spot ETF application submitted by Canary Capital
ChainCatcher news, according to former Fox Business reporter Eleanor Terrett, the U.S. Securities and Exchange Commission (SEC) has postponed its decision on the Litecoin (LTC) spot ETF application submitted by Canary Capital and has initiated a public comment period, focusing on assessing whether the ETF meets regulatory requirements to prevent fraud and manipulation. The deadline for comments is May 26 (May 27, Beijing time), and the deadline for rebuttals is June 9 (June 10, Beijing time).This delay is consistent with Bloomberg analyst James Seyffart's prediction yesterday that "it is highly likely they will choose to postpone making a final decision rather than directly approving or rejecting it."