Asset manager Canary Capital is one step closer to launching its Litecoin (LTC) and Hedera (HBAR) exchange-traded funds (ETFs), after filing final amendments this week. However, the ongoing U.S. government shutdown has cast uncertainty on when the Securities and Exchange Commission (SEC) will review and formally approve new ETF applications. 2023 has seen a surge in ETF filings despite the shutdown, with firms like Tuttle Capital, GraniteShares, and ProShares filing numerous leveraged fund proposals, including those related to crypto assets. While Canary’s ETFs are not guaranteed approval, their finalization signals strong potential for launch once the SEC resumes normal operations.