Canary Capital Files for Litecoin and HBAR ETFs with 0.95% Fee Amid Government Shutdown

Canary Capital submitted 8-A filings for Litecoin and HBAR ETFs on October 27, 2025, during the U.S. government shutdown limiting SEC operations. Each fund will charge a 0.95% management fee, according to an S-1 filing. The rate exceeds most spot Bitcoin ETFs. Bloomberg senior ETF analyst Eric Balchunas noted the move signals preparation for a potential launch this week.