Canary Capital’s recently filed amended S-1 form for its Canary Litecoin exchange-traded fund (ETF) could signal the altcoin may be the next digital asset in the United States to get the crypto ETF treatment, following Bitcoin and Ether in 2024. According to analysts from Bloomberg, the filing from Canary Capital on Jan. 15 seemingly confirmed industry “chatter” that Litecoin applications are being reviewed by the securities regulator. “[This] bodes well for our prediction that Litecoin is most likely to be the next coin approved,” Bloomberg ETF analyst Eric Balchunas said…
Read MoreCanary’s amended S-1 has analysts more confident a Litecoin ETF is next
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