With the SEC's recent changing stance, an altcoin founder is expecting spot ETF approval soon. Litecoin (LTC) founder Charlie Lee revealed in an interview that he expects a spot Litecoin ETF (exchange-traded fund) to launch soon. Lee based his expectation on the US Securities and Exchange Commission (SEC) approving universal listing standards for cryptocurrency ETFs and Litecoin being accepted as one of the 10 assets that meet these standards.