Canary's Litecoin spot ETF has been included in the DTCC list before obtaining SEC approval

According to Cryptonews, the Litecoin ETF of cryptocurrency fund management company Canary Capital has been included in the ETF list of the US Depository Trust Clearing Corporation (DTCC). On Thursday evening, this ETF appeared on DTCC's official website with the code LTCC. Canary's Litecoin spot ETF is still awaiting regulatory approval from the U.S. Securities and Exchange Commission (SEC). However, inclusion by DTCC marks a preparatory step towards potential launch for this ETF. Bloomberg's chief ETF analyst Eric Balchunas said: "Being on the list does not mean it has been approved or is ready to start trading, but it does indicate that issuers are preparing for approval. There is a 90% chance that Canary's Litecoin spot ETF will be approved. If approved, Litecoin will become the third cryptocurrency as an underlying asset of a spot ETF after Bitcoin and Ethereum."