🌙 SEC Delays Litecoin ETF Decision

The Securities and Exchange Commission’s delay of an exchange-traded fund for the Bitcoin clone likely means other digital assets like Solana, XRP and Dogecoin are in for long waits.

Author

Mike Gavela
May 06, 2025

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Crypto Roundup - May 6

The U.S. SEC has postponed its decision on a proposed Litecoin ETF, citing the need for further review and public input. Meanwhile, Michael Saylor’s firm has launched a ChatGPT-powered AI chatbot named “Bitbot” aimed at educating users on Bitcoin and his company’s strategies. In a significant state-level development, New Hampshire has officially signed a bill allowing the state to maintain a portion of its treasury reserves in Bitcoin, positioning it at the forefront of U.S. crypto adoption.

Top Stories

  • SEC delays decision on the proposed Litecoin ETF, extending the review period and requesting public feedback.

  • Michael Saylor unveils 'Bitbot', an AI chatbot designed to promote Bitcoin education and MicroStrategy’s views.

  • New Hampshire signs bill allowing part of state reserves to be held in Bitcoin, marking a U.S. crypto milestone.

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TOP STORIES

SEC Delays Litecoin ETF Decision - "The Defiant"

The Securities and Exchange Commission’s delay of an exchange-traded fund for the Bitcoin clone likely means other digital assets like Solana, XRP and Dogecoin are in for long waits.

thedefiant.io/news/regulation/sec-delays-litecoin-etf-decision

Strategy's AI Embrace: Michael Saylor Says He Built His Bitcoin Empire With Chatbot Help - Decrypt

Here’s how the company formerly known as MicroStrategy used AI to create new securities while building a $50 billion Bitcoin company.

decrypt.co/318186/strategy-ai-michael-saylor-bitcoin-empire-chatbot

New Hampshire Becomes First State to Sign Bitcoin Reserve Bill Into Law - Decrypt

New Hampshire Governor Kelly Ayotte signed a bill into law Tuesday enabling the state to amass Bitcoin, making it the first in the U.S.

decrypt.co/318147/new-hampshire-signs-bitcoin-reserve-bill

FUNDRAISING

IntoTheBlock and Trident announce merger, raise $25M for new firm

Sentora aims to create an ecosystem focused on institutional investors' DeFi needs, as more players in the space seek M&A consolidation.

blockworks.co/news/sentora-merger-raise-25m

OTHER HEADLINES

Ripple to stop XRP reports after SEC ‘used transparency against it’

Ripple claims its reports have not had the intended effect and that they were used against the company by former SEC leadership.

protos.com/ripple-to-stop-xrp-reports-after-sec-used-transparency-against-it

Crypto Price Wrap: Bitcoin (BTC) Dominance Soars Ahead of FOMC as Volatility ‘Burst’ Looms

Crypto markets are in a holding pattern as capital rotation from altcoins pushed bitcoin's market share to fresh 4-year high.

www.coindesk.com/markets/2025/05/06/bitcoin-dominance-soars-ahead-of-fomc-as-volatility-burst-looms-says-analyst

MARA Stock News: Compass Point Downgrades to Sell Ahead of Earnings

Compass Point slashed Marathon’s price target to $9.50, warning of dilution and premium bitcoin exposure.

www.coindesk.com/markets/2025/05/06/marathon-digital-downgraded-to-sell-at-compass-point-citing-unsustainable-cash-burn

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