Canary Capital confirms its LTC and HBAR ETFs will be listed on Nasdaq tonight.
Jinse Finance reported that Canary Capital has issued a statement announcing the launch of the Canary Litecoin ETF and Canary HBAR ETF on Nasdaq on October 28 (U.S. market open on the evening of the 28th, East 8th time zone). Prior to the launch of these ETFs, the U.S. Securities and Exchange Commission (SEC) issued guidance a week after the government shutdown, clarifying the procedures for companies seeking to list. According to a source familiar with the matter, the SEC stated in the guidance that if companies wish to list, they can submit an S-1 registration statement without the so-called delayed amendment. A delayed amendment means the ETF will not become effective after 20 days, giving the SEC time to process feedback from all parties. The S-1 document must be the final version, and if any modifications are made, the effective period must be recalculated and will take effect within 20 days. As part of this process, companies must submit Form 8-A, two of which were submitted earlier on Monday by Canary Capital.
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