Catenaa, Saturday, November 01, 2025-Several cryptocurrency exchange-traded funds, including the Canary Litecoin ETF, Canary HBAR ETF, and Grayscale Solana Trust ETF, are expected to launch this week despite the ongoing US government shutdown.
The launches follow guidance issued by the Securities and Exchange Commission on October 9, allowing firms to file S-1 registration statements without a delaying amendment. This enables ETFs to go live 20 days after filing, though issuers assume the risk of potential SEC comments or challenges from shareholders.
Canary Capital filed two Form 8-As on Monday to list the Litecoin and HBAR ETFs, which incorporate the S-1 filings. The move comes after the SEC approved listing standards for commodity-based trust shares, shortening the timeline for crypto ETFs to begin trading.
Market observers say the pace of launches depends on how far along individual issuers are in the process. Some filings for other assets remain incomplete, limiting the immediate rollout of additional crypto ETFs.
Despite staffing constraints caused by the shutdown, firms confident in their regulatory compliance are moving forward with listings, underscoring the growing demand for regulated cryptocurrency investment products.
The developments highlight the increasing mainstream integration of digital assets into US financial markets even amid federal operational challenges.
