Litecoin and HBAR-focused ETFs appear to be nearing approval, but the ongoing U.S. government shutdown could temporarily halt progress.
The U.S. Securities and Exchange Commission (SEC) has recently seen an uptick in activity around crypto ETF filings. Canary Capital submitted an updated registration for its HBAR ETF, revealing the ticker “HBR.” The firm is also preparing a similar filing for a Litecoin ETF (LTCC), with both funds set to charge a 0.95% sponsor fee.
Bloomberg analyst Eric Balchunas noted that such details typically emerge at the final stage of approval, saying the documents “look nearly ready.” James Seyffart added that “Litecoin and HBAR ETFs are now in the home stretch.” However, with the SEC operating with limited staff due to the U.S. government shutdown, the approval process could face delays of several weeks.
Meanwhile, GraniteShares also filed leveraged ETF applications for Solana, XRP, and Ethereum on the same day, highlighting a surge of new crypto ETF filings submitted to the SEC in recent weeks.
