SEC Loses Paperwork Again? Litecoin ETF Stuck in Bureaucratic Limbo! 🐦💸
Earlier this year, the SEC asked firms to switch from 19b-4 filings-which were basically the crypto version of “Here’s my homework!”-to S-1 registration statements, which sound like something you’d file if you wanted to invent a new tax bracket. Canary, being a good citizen, withdrew its 19b-4 application on September 25. One wonders if they celebrated with a tiny parade or if they just sighed and added it to the list of things the government never follows up on. 🎉




