Canary Unveils Fees for HBAR and Litecoin Spot ETFs
Canary, a prominent investment firm, has announced the management fees for its spot exchange-traded funds (ETFs) tied to HBAR and Litecoin, signaling continued expansion in cryptocurrency-based financial products. According to data reported by BlockBeats on September 23, 2025, the spot HBAR ETF carries a fee of 1.95%, while the spot Litecoin ETF, revealed earlier on September 16, features a lower management fee of 0.95%. These disclosures highlight Canary’s strategic push to offer accessible exposure to alternative digital assets.
The HBAR ETF, linked to Hedera Hashgraph’s native token, aims to provide investors with direct access to the asset’s performance, known for its high-speed, enterprise-grade blockchain capabilities. The 1.95% fee positions it as a competitive option for those seeking diversified crypto investments beyond Bitcoin and Ethereum. Similarly, the Litecoin ETF, with its 0.95% fee, targets exposure to Litecoin, a long-standing cryptocurrency valued for its fast transaction times and low costs, often referred to as the "silver to Bitcoin’s gold."
Canary’s fee structures reflect a balance between operational costs and market attractiveness, with the lower Litecoin fee potentially appealing to cost-conscious investors. This move comes amid growing institutional interest in spot ETFs for altcoins, following the success of similar products for major cryptocurrencies. The announcements are expected to draw attention from retail and institutional investors alike, fostering greater adoption of these assets in traditional portfolios.
As the cryptocurrency ETF landscape evolves, Canary’s initiatives underscore the maturation of digital asset investment vehicles. With these fees now public, market participants anticipate further details on launch dates and regulatory approvals, which could pave the way for broader integration of HBAR and Litecoin into mainstream finance.
