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Gate Square New & Returning Creator Rewards are ongoing!
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#Crypto ETFs Under Application
1 Litecoin (Litecoin) ETF
Mainly because the SEC considers it a commodity rather than a security, simplifying the regulatory path.
Characteristics: Litecoin's Proof of Work mechanism is the same as BTC, giving it an advantage in regulation. In addition, Grayscale and Canary Capital have submitted a Spot Litecoin ETF application that meets all regulatory standards.
2 DOGE (Dogecoin) ETF
Adopting the same Proof of Work model as Litecoin and with no ICO, it has a similar regulatory status.
Characteristics: As a meme coin, DOGE is popular in the market, and Grayscale and Bitwise are awaiting SEC confirmation.