SEC Delays Decision on Canary’s Litecoin ETF Proposal, Impacting Crypto Markets

The Securities and Exchange Commission (SEC) has put off its decision on Canary Capital’s proposed spot Litecoin exchange-traded fund (ETF), signaling a cautious stance from new Chair Paul Atkins. This delay impacts both Litecoin’s price and the broader altcoin market, as investors await regulated ETF products for increased institutional participation.