Canary Capital is preparing to launch its HBAR and Litecoin ETFs, with both funds set to carry a 0.95% fee. The HBAR ETF will trade under the ticker HBR, while the Litecoin ETF will use the ticker LTCC. Bloomberg's senior ETF analyst Eric Balchunas highlighted that the updated registration details suggest an imminent launch, despite uncertainties due to the US government shutdown.
James Seyffart, another Bloomberg Intelligence analyst, echoed this optimism, indicating that the ETFs are close to being finalized. The higher fee structure is typical for ETFs in emerging sectors, according to Balchunas, as they often carry more niche market risks compared to established products like spot Bitcoin ETFs.
Canary Capital Nears Launch of HBAR and Litecoin ETFs Amid US Shutdown
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