Bloomberg Analyst: The US SEC May Want All Crypto ETFs to File Under New Universal Standards, Previous Approval Deadlines Are No Longer Important

ChainCatcher reported that Bloomberg analyst James Seyffart stated on social media that the Litecoin ETF issued by Canary Capital has technically reached its approval deadline. However, the SEC appears to want all such products to be filed under the new universal listing standards. This means that the deadline may not matter at all.

Additionally, a U.S. government shutdown also seems likely to impact ETF approvals. "Even so, we still believe they will be launched in the near future."