Canary and Bitwise Pursue ETF Applications as U.S. Government Shutdown Continues

Despite the ongoing U.S. government shutdown, cryptocurrency exchange-traded fund (ETF) applications are moving forward. Eric Balchunas, Bloomberg’s Senior ETF Analyst, reported that Canary has submitted application for Litecoin and Hedera Hashgraph ETFs. Bitwise has also filed an application for a Solana ETF. While the exact launch date remains unclear, both companies are actively preparing for a potential launch this week.