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TechFlow reported on February 21, citing Bloomberg ETF analyst Eric Balchunas, who noted that while the listing of LTC ETFs on DTCC does not mean the product has been approved or is about to begin trading, it indicates that issuers are preparing for potential future trading. The likelihood of approval remains at 90%.
Previous report: Canary's LTC ETF has been listed on the DTCC website under the ticker symbol LTCC.
According to Bloomberg ETF analyst Eric Balchunas, while the listing of LTC ETFs in DTCC does not mean the product has been approved or is about to start trading, it indicates that issuers are preparing for potential future trading after approval. The likelihood of approval remains at 90%.
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