Canary Capital Submits Rule Change for Hedera Spot ETF Trading

Source
Son Min

Summary

  • It was reported that Canary Capital submitted trading rule change documents for the Hedera (HBAR) spot ETF.
  • It was announced that Hedera and Litecoin (LTC) spot ETFs currently have the highest likelihood of launch.
  • This is expected to be significant news for ETF investors.

Canary Capital has submitted documents for trading rule changes (19b-4) regarding the Hedera (HBAR) spot ETF.

On the 24th (local time), Bloomberg analyst Eric Balchunas announced via X that "Canary has submitted the 19b-4 documents following last week's amendment to the HBAR spot ETF securities registration (S-1)" and stated that "Currently, Hedera and Litecoin (LTC) spot ETFs have the highest likelihood of launch."

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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