Skip to content
October 8, 2025CoinOtag logoCoinOtag

Canary Capital’s Spot Litecoin ETF Filings Appear Finalized but US Government Shutdown May Delay Launch

Canary Capital’s Litecoin and HBAR spot ETFs appear to be finalized after fee and ticker amendments, but approval is likely delayed by the US government shutdown; filings show 0.95% fees and tickers LTCC and HBR, suggesting the products are ready once regulators resume normal ￰0￱ filed final amendments adding 0.95% fees and tickers LTCC and ￰1￱ timing is uncertain due to the US government shutdown and limited SEC ￰2￱ exceed spot Bitcoin ETF averages (0.15–0.25%), but are typical for niche or newly ETF-ed ￰3￱ Capital Litecoin and HBAR spot ETFs appear finalized but delayed by the US government shutdown — read fees and timing ￰4￱ is the current status of Canary Capital’s Litecoin and HBAR spot ETFs?

Canary Capital Litecoin and HBAR spot ETFs show final amendments adding a 0.95% fee and the tickers LTCC and HBR, signals that filings are near ￰5￱ is likely paused while the US government shutdown limits Securities and Exchange Commission operations, leaving precise launch timing ￰6￱ were the filings updated and what do the changes mean? Canary filed amendments on Tuesday that added a management fee of 0.95% and assigned tickers LTCC (Litecoin) and HBR (Hedera). Market analysts, including Bloomberg ETF analysts Eric Balchunas and James Seyffart, view these changes as typical final updates prior to ￰7￱ amendments usually indicate readiness to list, but actual approval depends on the SEC resuming normal review ￰8￱ and approval timelines are therefore in limbo while staffing and deadlines remain affected by the shutdown.).

Canary’s 0.95% fee is higher, reflecting the premium often applied to newer, niche or less liquid assets when packaged as ￰9￱ Eric Balchunas noted that higher fees are “pretty normal” for emerging ETF product ￰10￱ significant investor flows occur, competitors may introduce lower-fee alternatives to capture market ￰11￱ could the government shutdown affect ETF approvals? The US government shutdown, effective Oct. 1, reduced SEC staffing and left many pending ETF decisions ￰12￱ SEC indicated it would operate with a skeleton crew, but major approval actions are likely delayed until full operations resume. 16 crypto ETF decisions were anticipated in October; those deadlines now face ￰13￱ listing standards announced in September could accelerate approvals once the SEC can fully engage, but the immediate effect is a pause in final ￰14￱ other issuers still filing ETFs during the shutdown? ￰15￱ report numerous filings for leveraged and 3x offerings despite the ￰16￱ such as Tuttle Capital, GraniteShares, and ProShares (reportedly active in filings) have submitted batches of applications, some proposing 3x leverage via swaps and options.

CoinOtag logo
CoinOtag

Latest news and analysis from CoinOtag

GraniteShares Files for Two New XRP ETFs; Here’s When They Could Go Live

GraniteShares Files for Two New XRP ETFs; Here’s When They Could Go Live

Global ETP issuer GraniteShares has filed with the U.S. SEC, seeking approval to launch 3x leveraged ETFs tied to XRP. Visit Website...

The Crypto Basic logoThe Crypto Basic
1 min
Kazakhstan’s Biometric Measures Could Increase Crypto Transaction Transparency While Raising Privacy Concerns

Kazakhstan’s Biometric Measures Could Increase Crypto Transaction Transparency While Raising Privacy Concerns

Kazakhstan crypto crackdown closed 130 unlicensed crypto platforms and seized $16.7 million in digital assets while uncovering 81 cash-out networks and $43 million in related transactions, enforcing l...

CoinOtag logoCoinOtag
1 min
AFL-CIO Says RFIA Could Expose Workers’ Retirement Funds to Bitcoin and Broader Financial Risks

AFL-CIO Says RFIA Could Expose Workers’ Retirement Funds to Bitcoin and Broader Financial Risks

The AFL-CIO warns the Responsible Financial Innovation Act (RFIA) would expand crypto exposure for retirement plans and banks, risking pension assets and financial stability by easing custody and toke...

CoinOtag logoCoinOtag
1 min