SEC Seeks Feedback on Proposed Listing of Litecoin Trust Shares
Specifically, the Commission seeks comment on whether the proposal to list and trade Trust Shares that would hold LTC is designed to prevent fraudulent and manipulative acts and practices or raises any new or novel concerns not previously considered by the Commission, the SEC said in its notice.
Canarys Litecoin ETF is one of many crypto-based products under SEC scrutiny, with the agency also delaying decisions on similar ETF applications linked to XRP, Hedera (HBAR), and Dogecoin (DOGE) in the past week alone.
Since President Donald Trump took office in January, the SEC has adopted a more crypto-friendly stance. Under new SEC Chairman Paul Atkins, the Commission has dropped several lawsuits against crypto firms and hosted public roundtables to explore regulatory pathways for the digital asset industry.
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Text source: Coindoo
