Litecoin ETF next? Canary Capital makes a move, LTC surges
Canary Capital files for Litecoin ETF. LTC surges 6.3% post-filing. Institutional demand for cryptocurrency exchange-traded funds [ETFs] has grown exponentially, and Canary Capital has positioned itself to capitalize on this momentum. On the 15th of October, the investment management firm submitted an S-1 filing with the U.S. Securities and Exchange Commission [SEC] to launch the first Litecoin [LTC] ETF. This filing represents the initial step in the regulatory process required to introduce the fund. The next step is the 19b-4 filing, which requests...