Canary Capital announced that it will launch the Canary Litecoin ETF and Canary HBAR ETF on Nasdaq on October 28 (the evening of the 28th Beijing time).
The launch of these ETFs comes after the Securities Exchange Commission (SEC) issued guidance a week after the government shutdown, clarifying the process for companies seeking to go public. According to a person familiar with the matter, the SEC said in the guidance that if companies wish to go public, they can file an S-1 registration statement without the need for so-called deferred amendments. Deferred amendments mean the ETF will not take effect after 20 days, thus giving the SEC time to process comments from all parties. The S-1 document must be the final version, and if changes are made, the effective time needs to be recalculated and it will take effect within 20 days. As part of the process, companies must file Form 8-A, two of which were filed by Canary Capital earlier on Monday.
Canary Capital confirms that its LTC and HBAR ETFs will open on NASDAQ tonight
2025-10-27 21:38:46
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