SEC Kicks Litecoin ETF Can Down the Road—Again—As Regulators Ask for ’Public Input’ (Translation: More Paperwork)
Another day, another delay. The U.S. Securities and Exchange Commission—never accused of moving at blockchain speed—has postponed its decision on a Litecoin ETF, demanding yet another round of public comments.
Regulators love process more than a DeFi protocol loves governance tokens. The SEC’s latest stall tactic gives them until Q3 2025 to decide whether to approve what would be the first LTC-backed ETF—assuming they don’t just punt again.
Meanwhile, crypto traders roll their eyes. ’Public comments’ are Wall Street’s favorite delay tactic—right up there with ’operational considerations’ and ’protecting investors’ from making money.