- The SEC is reviewing XRP, DOGE, and LTC ETF filings under a new 75-day approval rule.
- Canary Capital’s Litecoin and HBAR ETFs mark early use of the streamlined process.
- The U.S. government shutdown has delayed final decisions, but filings remain active.
The U.S. Securities and Exchange Commission has begun reviewing new ETF proposals tied to XRP, Dogecoin (DOGE), and Litecoin (LTC) under a rule adopted in September 2025.
The updated Generic Listing Standards replace a two-step approval process with a single 75-day review window. This change shortens timelines for qualified exchanges to list digital-asset ETFs, provided they meet existing disclosure and custody requirements.
Related: Top 5 Altcoins to Soar After SEC ETFs Decisions in October
Canary Capital Updates Litecoin and HBAR ETF Filings
Canary Capital filed an amended registration statement on Tuesday for its Canary HBAR ETF, assigning the ticker symbol HBR and setting a 0.95% sponsor fee. The firm’s pending Litecoin ETF will use the ticker LTCC with the same fee structure.
Bloomberg Senior ETF Analyst Eric Balchunas noted that finalizing key details such as ticker symbols and fees typically indicates that a product is close to launch. He described the 0.95% fee as higher than Bitcoin ETF rates but standard for newer or niche markets. James Seyffart stated that both the Litecoin and HBAR ETFs appear to be nearing approval.
Impact of the US Government Shutdown
The review process, however, faces delays amid the ongoing U.S. government shutdown. The SEC, operating with limited staff, has paused most non-essential operations, including ETF approvals.
According to journalist Eleanor Terrett, spot crypto ETFs, such as those tied to LTC, SOL, or XRP, are structured under the Securities Act of 1933 as commodity trusts. Each requires explicit SEC clearance before trading can begin. Until the government resumes full operations, these filings remain pending, leaving the launch timeline uncertain.
Related: SEC to Decide on 16 Altcoin Spot ETFs in October: XRP, Solana, Litecoin on the Line
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