According to breaking news, Canary Capital has applied for the spot HBAR ETF.
Following the news, the HBAR price saw a huge increase.
Bloomberg ETF analyst Eric Balchunas shared on his X account that Canary Funds has filed a 19b-4 for the Hedera (HBAR) ETF following its revised S-1 registration statement with the US SEC.
He emphasized that HBAR and Litecoin (LTC) ETFs currently have the highest chances of gaining approval among existing altcoin ETF applications.
If applications are approved, the Canary HBAR ETF will trade on Nasdaq.
https://twitter.com/EricBalchunas/status/1893997773256622197
*This is not investment advice.
