PANews reported on April 11 that according to Cryptonews, the Litecoin ETF of cryptocurrency fund management company Canary Capital has been included in the ETF list of the Depository Trust & Clearing Corporation (DTCC). On Thursday evening, the ETF appeared on the DTCC official website with the code LTCC. Canary's Litecoin spot ETF is still awaiting regulatory approval from the U.S. Securities and Exchange Commission (SEC). However, the inclusion of DTCC marks a preparatory step for the ETF towards a potential launch. Eric Balchunas, chief ETF analyst at Bloomberg, said: "Inclusion in the list does not mean that it has been approved or is ready to start trading, but it does indicate that the issuer is preparing for approval. There is a 90% chance that Canary's Litecoin spot ETF will be approved. If approved, Litecoin will become the third cryptocurrency as the underlying asset of a spot ETF after Bitcoin and Ethereum."
Canary’s Litecoin Spot ETF is Listed by DTCC Ahead of SEC Approval
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