According to the source, Canary filed S-1 amendments on Oct 7, 2025 for proposed Litecoin (LTC) and Hedera (HBAR) spot ETFs, setting a 0.95% fee and reserving tickers LTCC and HBR. According to Eric Balchunas of Bloomberg, such S-1 amendments are typically the final step before launch, putting the focus on SEC effectiveness as the remaining trigger. According to the source and Eric Balchunas, traders should watch SEC effectiveness notices and exchange listing updates as near-term catalysts for LTC and HBAR price and liquidity.

According to Cas Abbé, Canary has filed for a spot HBAR ETF with Nasdaq, indicating increased institutional interest in utility altcoins. This development is significant for traders focusing on altcoins like HBAR, as it may lead to enhanced liquidity and investment opportunities in the market.

According to Crypto Rover, Canary has filed for a spot HBAR ETF with Nasdaq, potentially increasing institutional interest and trading volume in HBAR if approved.

According to Eric Balchunas, Canary has filed an amended S-1 for their HBAR ETF, a step typically taken after receiving comments from the SEC. This move is similar to previous actions by Litecoin. However, Canary still needs to file the 19b-4 to advance the process.