The SEC just pushed back its decision on Grayscale
$LTC ETF, setting a new deadline for October 10. This is the third delay since the filing in January, with no public comments requested this time.
LTC dipped nearly 2% on the news, now trading around $108, down almost 8% this week. Grayscale isn’t alone, the SEC also stalled Canary LTC ETF.
Despite the holdups, Bloomberg analysts give a Litecoin ETF a 90% chance of approval in October. Meanwhile, the SEC is swamped with crypto ETF filings, including #Solana,
$XRP, and even Dogecoin. The race is on.
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