SEC Silence Leaves Canary Litecoin ETF in Limbo
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Canary Capital’s spot Litecoin ETF remains in limbo after the SEC took no action on Thursday, the original decision deadline. The regulator’s silence has left investors uncertain amid the ongoing US government shutdown and the introduction of new generic listing standards for crypto ETFs.
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Canary Capital’s spot Litecoin ETF faces uncertainty after the SEC missed Thursday’s decision deadline.
With no action taken — and the government shutdown stalling regulatory processes — investors remain unsure how the new generic listing standards will affect future approvals.