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October 8, 2025CoinOtag logoCoinOtag

Canary Capital’s Litecoin ETF Seen Near SEC Approval After Final Filings, Analysts Cite 90% Odds

Canary Capital’s Litecoin and Hedera ETFs are nearing SEC approval after final S‑1 amendments; analysts estimate over 90% odds once the ￰0￱ and Exchange Commission resumes full operations, positioning these spot ETFs as early altcoin fund leaders with tickers LTCC (Litecoin) and HBR (Hedera). Final S‑1 amendments filed: LTCC (Litecoin) and HBR (Hedera). Analysts cite more than 90% approval odds once the SEC returns to full ￰1￱ ETF charges a 0.95% sponsor fee; custodians named are BitGo and ￰2￱ Capital Litecoin ETF and Hedera ETF near SEC approval; read the timeline and next ￰3￱ what investors should watch next — act ￰4￱ are Canary Capital’s Litecoin and Hedera ETFs?

Canary Capital’s Litecoin and Hedera ETFs are spot exchange‑traded funds designed to hold Litecoin (LTC) and Hedera (HBAR) ￰5￱ funds, filed as S‑1 amendments, use LTCC for Litecoin and HBR for Hedera and will employ regulated custodians and daily NAV ￰6￱ did Canary advance the filings? On October 7, Canary submitted final S‑1 amendments confirming tickers and fee ￰7￱ filings specify a 0.95% sponsor fee and name BitGo and Coinbase as ￰8￱ net asset values will be calculated using aggregated exchange data around 4 p. m. ET. , "description": "Canary Capital filed final S‑1 amendments for Litecoin (LTCC) and Hedera (HBR) spot ETFs; analysts estimate >90% approval odds once the SEC resumes.", "keywords": "Canary Capital Litecoin ETF, Hedera ETF, altcoin ETFs, LTCC, HBR, SEC approval" , How likely is SEC approval and why?

Analysts, including Bloomberg coverage and independent market observers, characterize approval odds at above 90% once the SEC returns to normal ￰9￱ filings are seen as procedural and near the final stage, with institutional readiness signaled by exchange listing ￰10￱ did the government shutdown affect the timeline? The SEC missed an original decision deadline for the Litecoin ETF because limited operations slowed review processes after the October 1 government ￰11￱ has delayed procedural actions rather than substantive changes to the ￰12￱ do the filings reveal about fund structure? The S‑1 amendments show direct custody of underlying tokens, daily NAV calculations and a sponsor fee set at 0.95%.

These details align the products with other niche crypto ETFs while reflecting higher fees than broad-market Bitcoin ￰13￱ Summary Comparison Fund Ticker Custody Sponsor Fee Canary Litecoin ETF LTCC BitGo, Coinbase 0.95% Canary Hedera ETF HBR BitGo, Coinbase 0.95% Frequently Asked Questions What are the tickers for Canary’s ETFs? The Litecoin ETF will use the ticker LTCC and the Hedera ETF will use HBR , as confirmed in the S‑1 ￰14￱ are the custodians for the funds? Custody will be provided by BitGo and Coinbase, with storage and custody arrangements detailed in the ￰15￱ Takeaways Near‑term approvals likely : Analysts place approval odds above 90% once the SEC resumes normal ￰16￱ token custody : Funds will hold LTC and HBAR directly, using regulated custodians and daily ￰17￱ altcoin ETF wave : Canary plans additional filings (Solana, XRP), signaling intent to expand institutional altcoin ￰18￱ Canary Capital’s S‑1 amendments for the Litecoin and Hedera spot ETFs mark a near‑final step toward SEC ￰19￱ tickers LTCC and HBR, 0.95% sponsor fees and institutional custody arrangements, these funds could broaden altcoin exposure for investors once regulatory operations ￰20￱ SEC procedural updates and exchange listing activity for next steps. 90% approval odds once the SEC resumes.” />

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