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 💼
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This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.
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