Nasdaq and Canary Capital Group submitted new filings to the US Securities and Exchange Commission this week that are key to gaining the regulator’s approval for a spot Litecoin ETF.

Grayscale Investments has revised its Litecoin Trust filing with the U.S. Securities and Exchange Commission (SEC), signaling progress in efforts to launch a spot Litecoin exchange-traded fund (ETF).

Canary Capital’s Litecoin ETF could receive the Security and Exchanges Commission’s approval soon. According to Bloomberg Analyst Eric Balchunas, Canary Capital recently received feedback from the US regulator on its S-1 form-filling,