Canary Litecoin Etf

13.19

+0.48443.81%

Volume:50.79K

Turnover:666.50K

Market Cap:7.12M

PE:- -

High:13.21

Open:12.92

Low:12.92

Close:12.70

52wk High:26.94

52wk Low:9.61

Shares:540.00K

Float Shares:540.00K

Volume Ratio:2.58

T/O Rate:9.40%

Dividend:- -

Dividend Rate:- -

ROE:--

ROA:--

PB:--

PE(LYR):- -

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News

Canary Litecoin ETF - Intends to Operate as an Exchange-traded Fund - SEC Filing

THOMSON REUTERS

·

Jul 10

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It woke up and realized the custody fees were too large to leave on someone else’s balance sheet.BNY Mellon, the world’s largest custodian at $59.4 trillion in assets under custody, already holds crypto for ETF issuers and expanded Bitcoin and Ethereum custody to Abu Dhabi in May 2026.In January 2025, the SEC rescinded Staff Accounting Bulletin 121 through SAB 122, removing the rule that had forced any company holding crypto on behalf of clients to record a corresponding liability on its own balance sheet. SAB 121 had been the single most effective barrier to bank participation in crypto custody since its introduction in March 2022. The math was simple and punishing: a bank holding $10 billion in client Bitcoin had to treat that $10 billion as its own liability, which meant setting aside capital against it. 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The company said the approval allows its US business to operate as a broker-dealer while building its presence as a qualified custodian for institutional digital assets.Copper Markets  plans to provide qualified custody alongside staking, financing and over-the-counter services, according to the company. 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