Canary Capital confirms that its LTC and HBAR ETF will open tonight on Nasdaq.

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[Canary Capital confirms its LTC, HBAR ETF will open on NASDAQ tonight] Canary Capital announced that it will launch the Canary Litecoin ETF and Canary HBAR ETF on October 28 (the evening of the 28th Beijing time when U.S. stock market opens) on NASDAQ. Before the launch of these ETFs, the U.S. Securities and Exchange Commission (SEC) issued guidance one week after the government shutdown, clarifying the process for companies seeking to list. According to a knowledgeable source, the SEC stated in the guidance that if a company wishes to list, they can submit an S-1 registration statement without the so-called delay amendment. A delay amendment means the ETF will not take effect after 20 days, allowing the SEC time to address feedback from all parties. The S-1 document must be the final version, and if modifications are made, the effective time must be recalculated and take effect within 20 days. As part of this process, companies must submit an 8-A form, two of which were submitted earlier on Monday by Canary Capital.

LTC-0.28%
HBAR11.04%
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