Canary Capital’s CEO Confirms Spot Hedera And Litecoin ETFs Will Begin Trading Tomorrow

Canary Capital's CEO confirmed the imminent launch of Hedera (HBAR) and Litecoin (LTC) ETFs. Eleanor Terret reported this news on X, emphasizing the excitement surrounding the launches. The New York Stock Exchange (NYSE) also authorized listings for Bitwise's Solana (SOL) ETF and Grayscale's GSOL conversion. These launches are occurring despite the ongoing government shutdown, proceeding without significant delays. The 8-A filings, essential for ETF listings, have been successfully completed. Issuers strategically used provisions in filing to ensure automatic effectiveness 20 days after filing. This circumvents the need for direct SEC approval during the shutdown. Eric Balchunas confirmed the listings on social media, supporting the impending launches. The news has positively impacted the prices of HBAR and LTC, leading to gains. Litecoin has recovered the $100 mark, experiencing a 2% increase, while Hedera shows similar growth.