Nasdaq filed a 19b-4 and an amended S-1 form on Wednesday on behalf of Canary Capital seeking approval from the SEC to launch the Canary Litecoin exchange-traded fund (ETF). The move comes a year after the regulator’s historic approval of multiple spot bitcoin ETFs in January 2024 and subsequent approvals of ether ETFs a few months later in May. Talk of a solana ETF approval has been floating around, but some experts believe a Litecoin ETF will be approved first.“We had heard chatter that the Litecoin S-1 had gotten comments back from [the] SEC,” said Bloomberg ETF Analyst Eric Balchunas. “This looks to confirm that which bodes well for our prediction, that Litecoin is most likely to be the next coin approved.”

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