coinspress.com
Regulators are moving forward with their assessment of a Litecoin ETF, opening the door for public input before making a final decision.
The U.S. Securities and Exchange Commission (SEC) has launched a 21-day comment period, signaling active consideration of the fund.
The proposal, filed by Nasdaq on January 16, has entered the next stage of approval with the submission of Form 19b-4, a critical regulatory document. Once published in the Federal Register, the SEC begins its formal review process, allowing market participants to weigh in on the ETF’s potential approval.
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Bloomberg analyst Eric Balchunas pointed out that this is the most advanced altcoin ETF application so far, given the SEC’s simultaneous review of its S-1 filing. He questioned whether regulators would use the full 240-day review period or move forward with a decision sooner.
The push for crypto-related ETFs continues to expand, with other firms proposing funds tied to Solana (SOL), XRP, and even memecoins linked to Donald and Melania Trump. With the potential for crypto-friendly policies under a Trump administration, speculation around digital asset investment products is growing.