Canary filed S-1 Amendments Litecoin & HBAR ETFs Near Launch

Ticker & Fees Revealed! Canary filed S-1 amendments Litecoin & HBAR

Canary filed S-1 amendments for spot Litecoin and Hedera ETFs — a likely final step before trading, though a U.S. shutdown could delay approval. Its latest filing hints a launch is near — are you watching closely?

Canary files S-1 amendment for Litecoin (LTCC) and HBAR (HBR) spot ETFs

Canary has amended its S-1 registration to list two spot crypto exchange-traded funds: Litecoin with ticker LTCC and Hedera with ticker HBR. Each fund lists a 0.95% annual management fee in the filing. These details — tickers and fees — are usually among the last things issuers add before a fund goes live, which is why many market watchers see this as a big step toward launch.

What analysts are saying

Bloomberg ETF analyst Eric Balchunas flagged the filing on social media and noted that including tickers and fees often signals “the final step before go-time.” He also cautioned that external factors — notably the current U.S. government shutdown — could change the timing. The market took the Canary crypto ETFs news as a near-final product filing, but not yet trading confirmed.

Source : Eric Balchunas

Why the 95bps fee matters

A 95bps fee is higher than the low-cost Bitcoin spot ETFs. That premium is common for newer, niche spot products — issuers charge more early on to cover infrastructure, custody, and lower initial flows. If strong investor money lands, competing issuers will likely respond with cheaper alternatives to win market share. 

How the U.S. government shutdown may affect approvals

The SEC’s review staff is largely furloughed during the shutdown. Filing systems like EDGAR remain open, so issuers can submit amendments, but active review and sign-off are slowed or paused. That means Canary’s S-1 amendments can be on file and look final — but the SEC may not be able to finish staff reviews or declare effectiveness until staffing resumes.

In past shutdowns, companies sometimes used legal workarounds, but those carry extra risk and uncertainty. Expect potential delays or a compressed approval window once the agency returns to normal operations. 

Litecoin Price Outlook 

The coin is trading near $117.66 with a circulating supply of ~76,38M LTC. the coin is facing a slight dip due to delays in approval. Market watchers track volume and weekly momentum closely around LTCC ETF news. 

If approval occurs, expect a potential short-term boost of 15–40% as ETF flows and press coverage raise demand. Without approval or if approvals are delayed by the SEC, prices may stay range-bound or drop 5–15%.

Source : Coinmarketcap

Hedera Price Outlook

The token is trading near $0.2206 with a circulating supply of ~42.4 billion HBAR. The coin is facing a decline of 3.7%. HBAR’s enterprise narrative could gain institutional interest if a spot ETF arrives. 

HBAR could see a sharper percentage move from a lower base — 20–60% upside on a clean approval and inflows, but higher downside volatility if the market sells on delays.

These ranges are educated projections based on typical ETF flow effects and current liquidity; they are speculative and depend heavily on timing, fees, and market sentiment.
 

Source : Coinmarketcap

Canary’s S-1 could spark LTC and HBAR inflows and price spikes as institutions gain easier access. 95bps may dampen immediate demand, but ETF approval would boost liquidity, open new capital, and raise volatility.

Final Thoughts 

Canary’s filings show clear progress; tickers and fees indicate readiness. Regulatory timing hinges on the shutdown — if approved, an altcoin ETF wave may follow. Watch flows, fee cuts, and higher short-term volatility.