The SEC has paused a decision on Canary Capital’s proposed litecoin ETF, following a wave of similar freezes in recent weeks for XRP, solana, and dogecoin-based ETFs, among others. This follows the SEC’s designation in March of a longer period in which to review a rule change that would
SEC delays litecoin ETF amidst crypto approval freezes
The pause comes as the agency solicits public comment on the ETF’s potential vulnerability to fraud and manipulation.