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Analysis: The US SEC may hope that all encryption ETFs will be filed according to the new universal standards, and the previous approval deadline is no longer important.
According to BlockBeats news on October 2, Bloomberg analyst James Seyffart stated that the Litecoin ETF issued by Canary Capital has technically reached the approval deadline. However, the SEC seems to want all such products to be filed under the new universal listing standards. This means that the deadline may not be important at all. Additionally, the U.S. government shutdown also seems to impact ETF approvals. "Even so, we still believe they will be launched in the near future."