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Litecoin ETF Draws Near as Nasdaq Files Form Key to SEC Approval.
- Source :
- Bloomberg.com; 1/16/2025, pN.PAG-N.PAG, 1p
- Publication Year :
- 2025
-
Abstract
- Nasdaq and Canary Capital Group have submitted filings to the US Securities and Exchange Commission for a spot Litecoin ETF, including a form 19b-4 and an updated S-1 registration application. The SEC must approve both filings before the ETF can begin trading, with potential timelines for approval or denial becoming clearer once the SEC acknowledges the filings. While the SEC approved spot-backed funds tied to Ethereum last year, there is renewed interest in altcoin ETFs with the upcoming crypto-friendly Trump administration. [Extracted from the article]
Details
- Language :
- English
- Database :
- Complementary Index
- Journal :
- Bloomberg.com
- Publication Type :
- Periodical
- Accession number :
- 182282230