
KEY POINTS
- Bloomberg's Eric Balchunas noted that it is the first 19b-4 filing to be 'acknowledged' by the new SEC
- Litecoin is up over 11% in the day following news of the SEC's move
- Tuttle Capital also recently filed for a leveraged $LTC ETF
The U.S. Securities and Exchange Commission (SEC) has called for public feedback on Canary Capital's proposal to issue a Litecoin (LTC) exchange-traded fund (ETF), marking another step forward in the potential issuance of an LTC ETF.