Bitcoin
Bitcoin (BTC)
$97,377.00 0.75035
Bitcoin price
Ethereum
Ethereum (ETH)
$3,710.79 1.20867
Ethereum price
BNB
BNB (BNB)
$661.28 0.62481
BNB price
Solana
Solana (SOL)
$238.25 -0.7179
Solana price
XRP
XRP (XRP)
$1.92 3.43235
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.000032 20.13586
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000219 7.84565
Pepe price
Bonk
Bonk (BONK)
$0.0000466 3.28175
Bonk price
dogwifhat
dogwifhat (WIF)
$3.23 1.42679
dogwifhat price
Popcat
Popcat (POPCAT)
$1.36 4.12292
Popcat price
Bitcoin
Bitcoin (BTC)
$97,377.00 0.75035
Bitcoin price
Ethereum
Ethereum (ETH)
$3,710.79 1.20867
Ethereum price
BNB
BNB (BNB)
$661.28 0.62481
BNB price
Solana
Solana (SOL)
$238.25 -0.7179
Solana price
XRP
XRP (XRP)
$1.92 3.43235
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.000032 20.13586
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000219 7.84565
Pepe price
Bonk
Bonk (BONK)
$0.0000466 3.28175
Bonk price
dogwifhat
dogwifhat (WIF)
$3.23 1.42679
dogwifhat price
Popcat
Popcat (POPCAT)
$1.36 4.12292
Popcat price
Bitcoin
Bitcoin (BTC)
$97,377.00 0.75035
Bitcoin price
Ethereum
Ethereum (ETH)
$3,710.79 1.20867
Ethereum price
BNB
BNB (BNB)
$661.28 0.62481
BNB price
Solana
Solana (SOL)
$238.25 -0.7179
Solana price
XRP
XRP (XRP)
$1.92 3.43235
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.000032 20.13586
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000219 7.84565
Pepe price
Bonk
Bonk (BONK)
$0.0000466 3.28175
Bonk price
dogwifhat
dogwifhat (WIF)
$3.23 1.42679
dogwifhat price
Popcat
Popcat (POPCAT)
$1.36 4.12292
Popcat price
Bitcoin
Bitcoin (BTC)
$97,377.00 0.75035
Bitcoin price
Ethereum
Ethereum (ETH)
$3,710.79 1.20867
Ethereum price
BNB
BNB (BNB)
$661.28 0.62481
BNB price
Solana
Solana (SOL)
$238.25 -0.7179
Solana price
XRP
XRP (XRP)
$1.92 3.43235
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.000032 20.13586
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000219 7.84565
Pepe price
Bonk
Bonk (BONK)
$0.0000466 3.28175
Bonk price
dogwifhat
dogwifhat (WIF)
$3.23 1.42679
dogwifhat price
Popcat
Popcat (POPCAT)
$1.36 4.12292
Popcat price

Canary Capital files for first HBAR Spot ETF with SEC

canary-capital-files-for-first-hbar-spot-etf-with-sec
Edited by
News
Canary Capital files for first HBAR Spot ETF with SEC

Canary Capital has officially filed an S-1 registration with the U.S. SEC for an exchange-traded fund centered on Hedera’s HBAR token. 

If approved, this would be the first HBAR (HBAR) spot ETF, allowing investors to gain exposure to the value of HBAR, the native token of the Hedera network, according to the filing

An S-1 registration is the SEC’s standard filing for companies planning to go public or offer investment products, such as an ETF. 

In the context of Canary’s application, this means the firm seeks to list its HBAR fund on a public exchange, offering a regulated way for investors to gain exposure to HBAR’s value without directly purchasing or holding the cryptocurrency. 

The ETF would track the price of HBAR by holding the token directly, without derivatives or futures contracts.

Canary Capital and HBAR

HBAR, the core asset of the Hedera network, powers decentralized applications and facilitates global transactions on its platform. 

The Hedera network uses the Hashgraph consensus algorithm and is governed by prominent corporations and organizations to ensure transparency and security. HBAR serves several roles within the Hedera ecosystem, from transaction facilitation to network governance.

To manage the fund, Canary Capital’s ETF structure includes “Authorized Participants” to handle the creation and redemption of shares, a model commonly used for crypto-based investment funds. 

The filing indicates that HBAR assets will be securely held in custodial accounts, with some in “cold storage” across secure, geographically separated locations.

Earlier this year, Canary launched the first U.S.-based HBAR Trust, which provided institutional investors with access to Hedera’s native cryptocurrency. The trust targeted accredited investors looking for advanced crypto investment opportunities.

This filing comes as Canary Capital pursues similar ETFs focused on other cryptocurrencies, such as Litecoin