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Bloomberg Analyst: Litecoin ETF Could Be First to Get SEC Nod

Mary Liu

Summary: James Seyffart, a Bloomberg analyst, tweeted that he believes it's just a matter of "when," not "if," the SEC approves a Solana or XRP ETF. However, he added that a Litecoin ETF might get the green light first, primarily because the SEC hasn't labeled Litecoin as a security. Earlier today, Nasdaq filed a 19b-4 application ...

James Seyffart, a Bloomberg analyst, tweeted that he believes it's just a matter of "when," not "if," the SEC approves a Solana or XRP ETF. However, he added that a Litecoin ETF might get the green light first, primarily because the SEC hasn't labeled Litecoin as a security.

Earlier today, Nasdaq filed a 19b-4 application on behalf of Canary Capital for a Litecoin ETF.

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Link: Bloomberg Analyst: Litecoin ETF Could Be First to Get SEC Nod   [Copy]
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