Key Insights:
- SEC fast-tracks XRP, DOGE, and LTC ETF filings under a new 75-day approval process.
- Canary Capital updates Litecoin and HBAR ETF filings, signaling readiness for potential market entry.
- Government shutdown pauses SEC operations, leaving altcoin ETF approvals pending until activities resume.
The U.S. Securities and Exchange Commission (SEC) is currently reviewing ETF proposals for XRP, Dogecoin (DOGE), and Litecoin (LTC). These reviews are taking place under a new 75-day approval rule introduced in September 2025. This rule removes the previous two-step process and replaces it with a single timeline. If requirements are met, qualified products may move forward after 75 days.
The updated process aims to shorten listing times for digital asset ETFs. Products must still meet requirements related to custody, disclosures, and compliance. If approved, these ETFs could be listed directly on national exchanges without needing further orders from the SEC.
Canary Capital Submits Updated Litecoin and HBAR Filings
Canary Capital has made new submissions for two planned ETFs. The Litecoin ETF, using the ticker LTCC, and the HBAR ETF, with the ticker HBR, both received updated filings this week. Each product carries a 1% sponsor fee, a rate generally seen with niche or emerging market ETFs.
ETF analysts suggest these updates may show the filings are reaching final stages. Eric Balchunas from Bloomberg said, “Finalizing fees and tickers usually means it’s almost ready.” James Seyffart noted that the filings for both ETFs appear to be nearing review completion. These filings are among the early tests of the new fast-track system.
Government Shutdown Causes Delays in Final Decisions
While the 75-day rule allows a clear path to approval, ongoing government limits are delaying final outcomes. The current U.S. government shutdown has affected SEC staffing levels. As a result, many non-essential reviews, including ETF approvals, are not being processed.
Reporter Eleanor Terrett explained that spot crypto ETFs fall under the Securities Act of 1933 and are treated as commodity trusts. These filings still require direct clearance from the SEC before they can trade. Until the agency resumes full operations, all active filings remain pending.
Market Awaits SEC Decisions on Altcoin ETFs
The crypto market is watching the SEC’s review closely. Bitcoin and Ethereum ETFs have already reached the market. Now, attention has shifted to altcoins. The inclusion of XRP, DOGE, and LTC in the current filing batch may expand investor access if approvals follow.
The timeline remains tied to the 75-day rule. However, final movement depends on when the SEC returns to full staffing. Until then, the review window continues, and the market waits.
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Source: https://coincu.com/analysis/sec-eyes-xrp-doge-ltc-etfs/