According to information on the SEC’s official website, Canary has filed for a Litecoin (LTC) ETF.
You can review the official document here.
The proposed ETF, Canary Litecoin ETF, would provide investors with exposure to LTC, a decentralized digital asset that operates on the Litecoin Network. LTC can be used to pay for goods and services or can be converted to fiat currencies.
The ETF’s prospectus outlines the key features of LTC, including its historical development, use cases, and trading markets. It also details the operations of the Litecoin Network, which is decentralized and operates on a proof-of-work model.
The SEC’s review process for ETF applications can take several months, and there is no guarantee that the Canary Litecoin ETF will be approved.
