Litecoin ETF likely to be first crypto ETF approved under Trump, paving way for potential SEC approval as a commodity in 2025.

Canary Funds’ litecoin ETF filings were recently amended, potentially indicating that the SEC is engaging with the filing.

Canary Capital’s recently filed amended S-1 form for its Canary Litecoin exchange-traded fund (ETF) could signal the altcoin may be the next digital asset in the United States to get the crypto ETF treatment,

Litecoin sees a 21% price increase fueled by growing optimism for a U.S. spot ETF approval, with institutional interest and SEC developments driving momentum.

Litecoin (LTC) has seen a strong surge in price, jumping 18% in the past 24 hours to $120.56, fueled by growing speculation that the cryptocurrency could soon receive regulatory approval.

A so-called form 19b-4, required to be filed by the exchange that would list the fund, was submitted on Wednesday, shortly after an updated registration application known as an S-1 was filed by Canary, a new digital asset-focused investment firm. The SEC must sign off on both before an ETF can start trading.

Litecoin price held steady and crossed the important resistance level at $117.30, its highest swing on January 6. It has soared to its highest swing since December 18, and about 140% from its lowest level in 2024.