Canary

Litecoin

Solana

Hedera

Form

<p>Asset manager Canary Capital has filed Form 8-A documents with the U.S. Securities and Exchange Commission (SEC) for its Litecoin (LTC) and Hedera (HBAR) ETFs..&nbsp;</p>
<p>Bloomberg Senior ETF Analyst Eric Balchunas revealed with a post on X, attaching the official filing with SEC which was done on October 7, 2025</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet">
   <p>Canary just filed 8-As for Litecoin and HBAR ETFs joining Bitwise who filed one for Solana. These are the ones rumored to be poss looking to launch (along w Grayscale solana) this week despite shutdown. Not a done deal but clearly preparations being made. Stay tuned.. <a href="https://t.co/4lj8NPn9s7" rel="noopener noreferrer nofollow">pic.twitter.com/4lj8NPn9s7</a></p>— Eric Balchunas (@EricBalchunas) <a href="https://twitter.com/EricBalchunas/status/1982827068837806544?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">October 27, 2025</a>
  </blockquote>
 </div>
</figure>
<p>In a recent post on <a href="https://x.com/EricBalchunas/status/1982870156696281334" target="_blank" rel="noopener noreferrer nofollow">X</a>, he claimed that the Canary <a href="https://www.sec.gov/Archives/edgar/data/2039461/000183988225002329/canary-s1a_011525.htm" target="_blank" rel="noopener noreferrer nofollow">Litecoin</a> and <a href="https://www.sec.gov/Archives/edgar/data/2039458/000199937125013724/canary-s1a_092225.htm" target="_blank" rel="noopener noreferrer nofollow">HBAR</a> ETFs filed are to be launched tomorrow, i.e., October 28, 2025.&nbsp;</p>
<p>This move follows a similar action by Bitwise, which filed a Form 8-A for a Solana (SOL) ETF. Canary’s ETF is just one of several altcoin funds being reviewed in the U.S., with proposals for Solana, XRP, SOL, and so on.</p>
<p>Earlier this year, Canary had applied for LTC ETF approval in September, with a 0.95% annual fee. However, the U.S. Securities and Exchange Commission (SEC) missed its October 2 deadline to decide on Canary Capital’s proposed spot Litecoin (LTC) exchange-traded fund (ETF), which further <a href="https://www.cryptotimes.io/2025/10/03/government-shutdown-delays-sec-decision-on-canary-litecoin-etf/" target="_blank" rel="noopener noreferrer nofollow">delayed the approval</a>. After months of back-and-forth, the SEC had also delayed its verdict on the <a href="https://www.cryptotimes.io/2025/09/08/sec-extends-deadline-on-canary-hbar-etf-decision-to-november/" target="_blank" rel="noopener noreferrer nofollow">Canary HBAR ETF</a>, granting time until November 8, 2025, to make a decision.</p>
<h2 class="wp-block-heading" id="current-market-update">Current Market Update</h2>
<p>Litecoin (LTC) is trading at $102.56, showing a 2.42% increase over the past 24 hours. The market cap is approximately $7.84 billion. The volume (24h) is about $823.18 million, showing a 10.58% increase. The cryptocurrency has a circulating supply of approximately 76.49 million LTC out of a total supply of 84 million LTC. The number of holders is listed as 103.35K, according to <a href="https://coinmarketcap.com/currencies/litecoin/" target="_blank" rel="noopener noreferrer nofollow">CoinMarketCap</a>.&nbsp;</p>
<p>Hedera’s (HBAR) current price is $0.18, which marks an increase of 2.39% over the last 24 hours. Hedera’s market cap is approximately $7.76 billion. The volume (24h) is listed as $240.82 million, which is slightly lower than its market cap change with a 3.55% decrease. The Total Supply for HBAR is 50 billion HBAR. The number of holders is 19.13K, according to <a href="https://coinmarketcap.com/currencies/hedera/" target="_blank" rel="noopener noreferrer nofollow">CoinMarketCap</a>.&nbsp;</p>
<h2 class="wp-block-heading" id="recent-momentum-in-etf-landscape">Recent Momentum in ETF landscape&nbsp;</h2>
<p>The push to bring spot Exchange-Traded Funds (ETFs) for cryptocurrencies beyond Bitcoin and Ethereum to the U.S. market has increased, with multiple asset managers filing critical registration documents, even amid a period of U.S. government operational slowdown.</p>
<p>The speed of these filings suggests that issuers are preparing themselves to be ready for launch as soon as the SEC fully resumes operations and grants final approval. While the SEC had been operating with limited staff due to a recent government closure, the ongoing regulatory maneuvers confirm the high level of industry readiness for a new wave of altcoin investment products.</p>
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
 <p>Also Read: <a href="https://www.cryptotimes.io/2025/10/22/hong-kong-approves-first-solana-spot-etf-ahead-of-global-race/" target="_blank" rel="noopener noreferrer nofollow">Hong Kong Approves First Solana Spot ETF Ahead of Global Race</a></p>
</blockquote>

Canary Capital Files 8-A form for Litecoin and Hedera ETFs

Table of Contents

The Crypto Times

Other articles published on Oct 27, 2025

Join our free newsletter for daily crypto updates!