CoinVoice has learned that Bloomberg senior ETF analyst James Seyffart published an analysis stating, "The decision on the Litecoin ETF application from Canary Capital will be made before Monday, May 5 (it may be delayed). The SEC has pre-approved and postponed many applications, but not this time. If there is any asset that has a chance of being approved early, in my opinion, it is Litecoin. Personally, I believe the likelihood of a delay is greater, but it is definitely worth following."
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CoinVoice has learned that Bloomberg senior ETF analyst James Seyffart published an analysis stating, "The decision on the Litecoin ETF application from Canary Capital will be made before Monday, May 5 (it may be delayed). The SEC has pre-approved and postponed many applications, but not this time. If there is any asset that has a chance of being approved early, in my opinion, it is Litecoin. Personally, I believe the likelihood of a delay is greater, but it is definitely worth following."