Canary submits revised Litecoin ETF application, document shows or is in contact with SEC

PANews January 16th news, Bloomberg ETF analyst James Seyffart tweeted that Canary Funds has submitted a revised S-1 application to advance its Litecoin ETF (exchange-traded fund) plan. Although the 19b-4 form (a key document to initiate the approval process) has not been submitted yet, the revised version may indicate that the SEC is in contact with Canary, which is a positive signal. If the Litecoin ETF is approved, it will provide investors with a more convenient exposure to digital assets by tracking the LTC price. However, there is currently no specific timeline and we need to wait for the submission of the 19b-4 form and the formal response from the SEC.