Nasdaq and Canary Capital Group submitted new filings to the US Securities and Exchange Commission this week that are key to gaining the regulator’s approval for a spot Litecoin ETF.

Senior Bloomberg ETF analyst Eric Balchunas predicts that Litecoin is the most likely cryptocurrency to receive a U.S. ETF approval next, following recent updates to its S-1 filing with the SEC.

Nasdaq files for Litecoin ETF with SEC, sparking a 15% surge in Litecoin's price as it joins the race for crypto ETF approvals.

Eric Balchunas has expressed confidence that the Litecoin ETF has a strong chance of becoming the next spot crypto ETF to gain approval.

Grayscale Investments has revised its Litecoin Trust filing with the U.S. Securities and Exchange Commission (SEC), signaling progress in efforts to launch a spot Litecoin exchange-traded fund (ETF).

Litecoin price punched above the $130 mark on Thursday, extending its weekly time frame gains to a remarkable 37.5%. On-chain data trends reveal whales actively accumulating LTC as Bloomberg analysts ramp up speculation on LTC ETF approval.

Canary Capital’s Litecoin ETF could receive the Security and Exchanges Commission’s approval soon. According to Bloomberg Analyst Eric Balchunas, Canary Capital recently received feedback from the US regulator on its S-1 form-filling,