Litecoin ETF Approval Odds Improve, LTC Price Eyes $500 Target

On May 5, the U.S. Securities and Exchange Commission (SEC) will take a final decision on the Canary Litecoin ETF as LTC price shows strength with daily trading volumes surging 31% to more than $338 million. Bloomberg ETF strategist James Seyffart stated that while the SEC has issued delays for other crypto ETFs, it has yet to make a decision for the Canary Funds.