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Canary Capital to Debut Litecoin & HBAR ETFs on Nasdaq

Canary Capital to Debut Litecoin & HBAR ETFs on Nasdaq

Catenaa, Thursday, October 30, 2025- Canary Capital will debut two new exchange-traded funds tracking Litecoin and Hedera’s HBAR token on Tuesday, marking the first ETFs of their kind to list in the United States.

The digital asset investment firm confirmed the launch of the Canary Litecoin ETF and Canary HBAR ETF on Nasdaq in a company statement.

The announcement follows recent U.S. Securities and Exchange Commission guidance outlining procedures for firms going public after the government shutdown earlier this month.

The SEC clarified that issuers could now file S-1 registration statements without delaying amendments, allowing ETFs to take effect automatically after 20 days unless further revisions are made.

Canary Capital filed two Form 8-A documents on Monday for the new ETFs, signaling their readiness for trading.

Litecoin, a peer-to-peer cryptocurrency known for low-cost, fast transactions, and HBAR, the native token of Hedera’s Hashgraph network, both rank among the top 30 digital assets by market capitalization, according to The Block’s data.

Industry observers view the dual ETF launch as a key milestone for expanding regulated crypto investment access.

The move comes ahead of the planned debut of the Grayscale Solana Trust ETF, expected to launch Wednesday.

Before the shutdown, dozens of crypto-related ETFs were awaiting SEC approval. The agency’s revised procedures have now accelerated listings amid growing investor demand for diversified digital asset exposure.