Litecoin Soars Following SEC’s Delay on Spot ETF Approval

Litecoin (LTC) experienced a significant price surge of almost 12% on Tuesday after the U.S. Securities and Exchange Commission (SEC) announced a delay in its decision regarding a proposed spot Litecoin ETF. While market anticipation for an approval remains high, the SEC’s public comment period regarding investor protection from potential fraud and manipulation has sparked renewed buying interest in LTC. Trading volume soared by over 59% to reach $877 million in response to this news. Source: CoinMarketCap