Nasdaq and Canary Capital Group submitted new filings to the US Securities and Exchange Commission this week that are key to gaining the regulator’s approval for a spot Litecoin ETF.

Canary Capital’s Litecoin ETF could receive the Security and Exchanges Commission’s approval soon. According to Bloomberg Analyst Eric Balchunas, Canary Capital recently received feedback from the US regulator on its S-1 form-filling,

Litecoin sees a 21% price increase fueled by growing optimism for a U.S. spot ETF approval, with institutional interest and SEC developments driving momentum.

ETF analyst Eric Balchunas stated that S-1 form for Litecoin ETF received a positive response from SEC, indicating its possible launch soon.

Eric Balchunas has expressed confidence that the Litecoin ETF has a strong chance of becoming the next spot crypto ETF to gain approval.

Nasdaq has filed a 19b-4 form for the proposed 'Canary Litecoin ETF,' signaling the start of the US SEC review process.

Nasdaq submitted a Form 19b-4 to propose the listing and trading of the Canary Litecoin ETF, signaling progress in the ETF's approval process.

Grayscale Investments has revised its Litecoin Trust filing with the U.S. Securities and Exchange Commission (SEC), signaling progress in efforts to launch a spot Litecoin exchange-traded fund (ETF).