NewsBTC
Oct 28, 2025
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Canary Capital CEO Confirms Hedera and Litecoin ETFs Launch Tomorrow

The launch of exchange-traded funds (ETFs) for Hedera (HBAR) and Litecoin (LTC) is scheduled for tomorrow, as confirmed by Canary Capital's CEO Steven McClurg.

Key Developments

  • Canary Capital has announced the imminent debut of ETFs for Litecoin and Hedera.
  • New York Stock Exchange (NYSE) has approved 8-A filings for Bitwise Invest's Solana ETF launch and Grayscale's GSOL conversion.
  • ETF launches continue despite a government shutdown, with all legal prerequisites completed.
  • Issuers have included provisions in S-1 filings for automatic effectiveness 20 days post-filing, bypassing manual SEC approval.

Bloomberg's Eric Balchunas confirmed these developments, suggesting that unless the SEC intervenes at the last minute, these listings will proceed.

Litecoin

Market response shows HBAR and LTC prices recovering, with Litecoin surpassing $100 (up 2% in 24 hours) and Hedera gaining 2.1%.