BlockBeats News, on October 2, Bloomberg analyst James Seyffart stated that the Litecoin ETF issued by Canary Capital has technically reached its approval deadline. However, the SEC appears to want all such products to be filed under the new universal listing standards. This means that the deadline may not matter at all.
Meanwhile, the U.S. government shutdown also seems to impact ETF approvals. "Even so—we still believe they will be launched in the near future."