Litecoin ETF bid gains traction, lifting prices and trading volume
Canary Capital’s strategic S-1 amendment positions Litecoin at forefront of ETF approval race.
The potential for a Litecoin exchange-traded fund (ETF) to gain approval has surged, leading to noticeable price gains for the digital asset.
Crypto bettors on Polymarket , a decentralized prediction platform, now estimate a 51% chance of the US Securities and Exchange Commission (SEC) giving the green light for a Litecoin-focused fund after Canary Capital amended its S-1 registration form.
Canary Capital amends S-1 filing
On Jan. 15, Canary Capital updated its S-1 filing with the financial regulator, with market observers pointing out that the move represents a crucial step forward in the push for a Litecoin ETF.
The S-1 form—an initial registration document filed with the SEC—details new securities offerings, including the intended use of funds and an overview of the securities.
Analysts view this amendment as a sign that discussions between Canary Capital and the SEC are underway, although formal approval remains uncertain.
Bloomberg ETF analyst James Seyffart noted that the amendment reflects active engagement with the SEC. However, he emphasized that success is not guaranteed without submitting a 19b-4 filing—a critical step in the approval process.
Similarly, Eric Balchunas , Bloomberg’s Senior ETF analyst, highlighted that this development could place Litecoin ahead of other altcoins in the race for an ETF. He believes the amendment strengthens predictions that Litecoin will be next in line for SEC approval.
He added :
“This looks to confirm that which bodes well for our prediction that Litecoin is most likely to be the next coin approved. All that said, new SEC chair has yet to start and that’s a huge variable.”
Should the SEC approve the Litecoin ETF, it would mark a significant milestone for the digital asset. Litecoin would join Bitcoin and Ethereum as the only cryptocurrencies to achieve US-approved spot ETFs, further legitimizing its position in the market.
Litecoin soars
The prospect of regulatory approval has already triggered a bullish response in Litecoin’s price.
According to CryptoSlate’s data, the crypto surged over 17% in the past day, reaching a four-week high of $120 before stabilizing at $118 as of press time.
Moreover, investor interest has also been reflected in trading activity, with Litecoin’s 24-hour trading volume jumping 240% to $1.7 billion.
Mentioned in this article
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
New Prospects in Security Technology and Health Advancement Fields
- Post-pandemic convergence of security systems and health promotion drives innovation in hybrid infrastructure and wellness solutions. - Institutions like Farmingdale State College align curricula with AI, cybersecurity, and health-tech to meet evolving workforce demands. - AI-powered health-tech startups raised $10.7B in 2025, reflecting 24.4% growth as telehealth and data security become critical. - EdTech and health-tech markets are projected to grow rapidly, with EdTech reaching $348B by 2030 and heal

Investment Prospects in Educational Technology Infrastructure and Academic Advancement: Evaluating the Impact of Security Solutions on Contemporary Learning and Research
- Digital transformation in education drives urgent demand for integrated security systems, with global campus security markets projected to reach $4.99B by 2033 at 11.2% CAGR. - AI-powered monitoring and IoT adoption enhance threat detection, with 19,500 institutions using AI systems to prevent 1,100+ breaches in 2023. - Investors gain opportunities in AI/cybersecurity firms and cloud infrastructure providers, as 7,800 campuses deploy automated threat detection tools. - Challenges persist including high u

The ZK Atlas Enhancement and Its Impact on Blockchain Scalability
- ZKsync's October 2025 Atlas Upgrade addresses scalability and institutional adoption barriers, redefining decentralized infrastructure investment. - Modular architecture enables 15,000-43,000 TPS with $0.0001/transaction costs, attracting Deutsche Bank and Sony for cross-chain settlements. - ZK-based rollups now secure $28B TVL, with ZK token up 50% post-upgrade, driven by institutional demand and Bitcoin ETF inflows. - Regulatory uncertainties and competition from StarkNet/Scroll pose risks, as Ethereum

ICP Network's Swift Expansion: Could It Revolutionize Decentralized Infrastructure?
- ICP Network's 2025 growth stems from AI-powered Caffeine platform and Chain Fusion cross-chain protocol, challenging Ethereum/Solana with on-chain AI execution and hybrid cloud partnerships. - Institutional adoption via Microsoft/Azure partnerships and UN projects boosts ICP's enterprise appeal, while tokenized BTC and IoT applications expand real-world use cases. - Despite 1.2M active wallets and $1.14B daily transactions, dApp engagement dropped 22.4%, revealing gaps between infrastructure development

