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Bloomberg Analyst: The decision on the LTC ETF application will be made on Monday, and despite the possibility of a delay, it is still worth following.
Odaily News Bloomberg analyst James Seyffart stated on the X platform that the Litecoin ETF application from @CanaryFunds will have a decision made before Monday, May 5 (it may be postponed). The SEC has pre-approved and delayed many applications, but not this time. If there’s any asset that has a chance of being approved early, in my view, it’s Litecoin. Personally, I think the likelihood of a delay is greater, but it is definitely worth following.