The Canary Capital HBAR ETF (ticker: HBR) has launched on Nasdaq, providing investors with direct spot exposure to HBAR tokens. This ETF, which holds HBAR in custody with BitGo and Coinbase Custody, represents a significant advancement for institutional access to the asset. The launch coincides with the U.S. government shutdown, utilizing SEC rules that permit ETFs to commence trading 20 days post-filing without regulatory intervention. This development is part of a broader trend of new U.S. spot crypto ETFs, including Litecoin, following recent SEC approval of streamlined listing standards.
Canary Capital Launches HBAR ETF on Nasdaq Amid U.S. Shutdown
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