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International Business Times
International Business Times
Business
Marvie Basilan

SEC Asks Public To Comment On Proposed $LTC ETF, Pumping Litecoin Near $130

Will the crypto market see a Litecoin ETF soon? (Credit: Pixabay)

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.

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