Canary Capital Files for First HBAR Spot ETF
Following Donald Trump’s political resurgence, Canary Capital has submitted a new filing to the SEC to launch the first spot ETF for Hedera’s native cryptocurrency, HBAR.
This ETF would enable investors to access HBAR’s performance in a regulated format without directly purchasing the token.
HBAR powers the Hedera network, a fast and secure blockchain alternative supported by a council of leading companies.
Canary Capital’s filing states that the ETF will invest solely in HBAR, avoiding derivatives or futures.
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Small Nation’s Bitcoin Holdings Surpass $1 Billion Amid Market SurgePreviously, Canary introduced an HBAR Trust for accredited investors and has applied for spot ETFs for other tokens like Litecoin and Solana .
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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