The US cryptocurrency market is experiencing a surge of new ETF applications in 2025, with asset managers like VanEck and ProShares racing to bring investment opportunities in digital assets. The U.S. SEC is reviewing a proposal for the Canary Litecoin ETF, which would simplify Litecoin investing for mainstream investors. This follows the approval of Bitcoin and Ethereum ETFs, signaling growing regulatory openness to altcoin-based investment products. The SEC has opened a public comment period for feedback on the proposed ETF. This development comes after former SEC Chair Gary Gensler's exit, suggesting a regulatory breakthrough and renewed institutional interest. The Canary Litecoin ETF, if approved, would allow investors to trade Litecoin like a regular stock, without the need for crypto wallets or security keys. Other companies are also seeking approval for crypto ETFs, including Solana and XRP. The filing for the Canary Litecoin ETF marks a crucial phase in the approval process, with the SEC having up to 240 days to make a decision. The ETF would track the CoinDesk Litecoin Price Index and hold Litecoin through a secure custody framework, making it simpler and safer for investors. If approved, this ETF could make it easier for regular investors to participate in the crypto market.



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