SEC Delays Litecoin ETF Decision Amid Government Shutdown, Leaving Investors Uncertain

The U.S. Securities and Exchange Commission (SEC) missed its October 2 deadline for a decision on Canary Capital’s proposed spot Litecoin (LTC) exchange-traded fund (ETF), leaving investors and the crypto market in suspense. The agency has yet to publicly explain the delay, despite numerous analysts pointing out that the new regulatory guidelines mean that the original deadlines no longer apply.