Analysis: The US SEC may require all crypto ETFs to file under new universal standards, making previous approval deadlines irrelevant
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."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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