Canary Capital Launches U.S. Litecoin, HBAR ETFs on Nasdaq

• Lyla Velez
• October 27, 2025
• Investment
• 0 Comments

Canary Capital is set to launch the first U.S. ETFs tracking Litecoin and HBAR on Nasdaq on October 28, 2025, marking a significant addition to the cryptocurrency investment landscape.

The launch of these ETFs signifies a growing acceptance of altcoins in the institutional investment sector, as seen previously with the approval of Bitcoin and Ether spot ETFs in 2024.

Canary Capital is launching its first U.S.-based ETFs tracking Litecoin and Hedera Hashgraph, set to begin trading on Nasdaq on October 28, 2025. This move broadens institutional access to altcoins, suggesting increased legitimacy for these assets. Canary Capital’s leadership remains publicly silent on these developments. However, the ETFs are part of a broader trend following Bitcoin and Ether’s U.S. spot ETF approvals last year.

The financial implications are significant, as institutional investors now have expanded options for altcoin exposure. As stated in the original source, “The launch of these ETFs is significant as they represent the first major ETF products tied to LTC and HBAR in the US, paralleling previous momentum seen with Bitcoin and Ether ETFs.” Current listings rely on generic standards due to a government shutdown, reflecting the broader challenges in securing U.S. regulatory approvals.

Though investor interest is anticipated to rise, no direct on-chain data or significant community reactions are yet observable. Nonetheless, this ETF launch is expected to temporarily influence on-chain activities, akin to past spot ETF introductions.

Historical trends highlight the potential surge in AUM inflows and short-term price fluctuations upon ETF listing. Upcoming adjustments might replicate past Bitcoin and Ether market dynamics, further reshaping investment approaches.