Canary Capital Group has launched the Canary HBAR ETF (NASDAQ: HBR), marking the first exchange-traded fund focused on Hedera's native token, HBAR. Introduced on October 28, the ETF offers investors a regulated avenue to invest in Hedera's proof-of-stake network, which is renowned for its fast and cost-effective transactions. The fund carries an expense ratio of 0.95%. This launch follows Canary Capital's previous HBAR trust and aims to broaden access to digital assets. Hedera's ecosystem, supported by major companies like Alphabet and IBM, facilitates billions of transactions in tokenization and decentralized applications. CEO Steven McClurg described the ETF as a significant step in enhancing digital asset accessibility, underscoring Hedera's pivotal role in enterprise tokenization and Web3 infrastructure.