Overview

• Canary filed Oct. 7 S-1 amendments that name tickers LTCC for Litecoin and HBR for Hedera and disclose a 0.95% annual sponsor fee for each fund.
• The HBAR filing was revised in response to SEC comments, with updates aligned to the Litecoin proposal.
• Bloomberg analysts say the documents look “pretty finalized” and “at the goal line,” though launch timing remains uncertain.
• The SEC’s review focus has shifted toward S-1 registration and generic listing standards, a pathway applicants say benefits altcoin ETF proposals.
• The shutdown has slowed ETF decisions, with an initial Litecoin decision window passing on Oct. 2 during reduced operations and the HBAR review period running to Oct. 29.