Canary Capital has filed an application with the SEC to create the first spot cryptocurrency ETF based on HBAR. The fund will only invest in HBAR, without using derivatives or futures. This step is part of the potential changes in cryptocurrency asset regulation, especially considering the possible change in SEC leadership. Earlier, Canary launched the HBAR Trust for accredited investors and filed applications to create ETFs for Litecoin, Solana, and XRP.
11/13/2024 2:47:13 PM (GMT+1)
Canary Capital has filed an application for a spot ETF based on HBAR with the SEC to provide access to the value of the Hedera network asset without using derivatives 💼
700
Total views in all languages
Share: 100
x3
This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.
Top Articles of the Last 10 Days
European regulators are investigating OKX's involvement in laundering $100 million from the hacked funds of Bybit, considering a potential violation of MiCA standards for cryptocurrency services
Elon Musk through D.O.G.E directs funds to SpaceX and Tesla, manipulating figures in government spending, which raises questions about conflicts of interest
Turkish bank BankPozitif is launching a cryptocurrency custody service in partnership with Taurus, having received a license from the Turkish Securities and Exchange Commission for the safe custody of digital assets
Governor of Nebraska signed the LB609 law to protect cryptocurrency ATM users, prevent fraud, and enhance control over the crypto industry
Microsoft is developing its own AI models and testing alternatives to OpenAI to compete in the technology space, investing $14 billion and hiring industry experts
El Salvador and Paraguay have signed a cooperation agreement on cryptocurrency regulation to combat illegal operations and improve control over money laundering
Bolivia will start using cryptocurrency to pay for fuel imports against the backdrop of a dollar shortage and economic crisis in the country's energy sector
