According to Eleanor Terrett on Twitter, the SEC has officially delayed its decision regarding CanaryFunds' proposed Litecoin ($LTC) ETF. The agency is now initiating a public comment period to gather feedback on whether the ETF proposal meets regulatory compliance, with a specific focus on measures to prevent fraudulent and manipulative practices (source: Eleanor Terrett, Twitter, May 5, 2025). This delay introduces short-term uncertainty for $LTC price action, as traders await clarity on potential ETF approval timelines and regulatory sentiment. The decision is significant for Litecoin trading volumes and market sentiment, and traders should monitor updates related to regulatory commentary and public submissions during this period.