Beyond Bitcoin: New ETF Wave Begins as Canary Lists Litecoin and HBAR Funds

The era of single-asset crypto ETFs is accelerating with Canary Capital‘s launch of the first US Litecoin and HBAR funds.

This pivotal development moves the market beyond Bitcoin and Ethereum spot ETFs, testing investor appetite for more specialized digital assets within a regulated wrapper.

The launches, enabled by a clarified SEC registration process, suggest a new phase of product proliferation in the digital asset space.

With Grayscale’s Solana ETF close behind, the industry is witnessing a rapid institutionalization of altcoins, fundamentally changing how mainstream capital can access the crypto ecosystem.