Canary Capital Nears Nasdaq Launch of Litecoin Hedera ETFs Expanding Crypto Access

Canary Capital is set to launch exchange-traded funds (ETFs) for Litecoin (LTC) and Hedera (HBAR) on the Nasdaq, marking a significant step in institutional crypto investment expansion in the U.S. These ETFs, confirmed to start trading on October 28, 2025, follow regulatory progress including the SEC's acceptance of 8-A filings allowing automatic activation despite the ongoing U.S. government shutdown. Litecoin and Hedera are among the top cryptocurrencies gaining attention as the ETFs provide a regulated way for investors to access these digital assets without direct token ownership. The launch represents a breakthrough amid a crowded ETF application pipeline, with around 70 crypto-related ETFs still under review. Analysts note the proposed management fee of 0.95% for these funds is higher than some existing Bitcoin ETFs, but typical for newer markets. Additionally, Bitwise's Solana ETF is also nearing launch, further expanding institutional access to diverse altcoins.