ETF analyst Eric Balchunas stated that S-1 form for Litecoin ETF received a positive response from SEC, indicating its possible launch soon.

This suggests that the SEC obtained large amounts of information from the Twitter board before filing its lawsuit. In the SEC's complaint filed in court, it mentions that "in a conversation on ...

SEC acknowledges Canary Capital’s 19b-4 filing for a Litecoin ETF, triggering a 240-day decision deadline and boosting LTC’s price.

The issue arose when Vanguard lowered the minimum investment requirement for its institutional target-date funds from $100 million to $5 million in December 2020, according to the SEC filing.