Canary

Hedera

Aptos

Bitcoin

Spot

Canary Capital has introduced the U.S.’s first HBAR Trust, expanding crypto options for institutional investors. 
This move offers institutional investors access to Hedera’s (<a href="https://crypto.news/price/hedera/" target="_blank">HBAR</a>), the native crypto of the <a href="https://crypto.news/tag/Hedera/" target="_blank">Hedera</a> network. The trust caters to accredited investors seeking exposure to advanced crypto investment strategies.&nbsp; 
According to the company <a href="https://www.hbarfoundation.org/blog-post/canary-capital-makes-debut-launches-u-s-s-first-hbar-trust" target="_blank">announcement</a>, this is the first dedicated HBAR trust in the United States. 
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<h2 class="wp-block-heading" id="hbar-investment-options">HBAR investment options</h2> 
The Hedera network is a distributed ledger technology used by enterprises for various applications, such as tokenizing assets, issuing non-fungible tokens, and developing <a href="https://crypto.news/tag/Web3" target="_blank">Web3</a> applications. This trust gives U.S. investors a structured way to invest in HBAR. 
Steven McClurg, former co-founder of Valkyrie and founder of Canary Capital, emphasized the growing demand for crypto investment options beyond popular assets like Bitcoin (<a href="https://crypto.news/price/bitcoin/" target="_blank">BTC</a>). He noted that despite the interest, many institutional investors lack reliable options to invest in more innovative crypto projects. 
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> 
 “The accelerating demand for crypto offerings seems to be exponential since this year’s launch of Spot Bitcoin ETFs, yet there remains a gap regarding firms with institutional experience who are willing to continue to innovate and deliver solutions beyond retail products.” 
 Steven McClurg 
</blockquote> 
The Canary HBAR Trust addresses this gap, potentially paving the way for future crypto-focused investment funds such as ETFs. The trust is available for accredited individual and institutional investors, representing an opportunity for those looking to diversify their crypto portfolios.&nbsp; 
Additionally, Canary Capital offers other crypto hedge fund solutions, targeting sophisticated and institutional investors seeking a blend of crypto and fixed-income strategies. 
On Sept. 16, Hedera <a href="https://crypto.news/ripple-hedera-and-aptos-team-up-to-form-the-mica-crypto-alliance/" target="_blank">helped launch</a> the MiCA Crypto Alliance with Ripple and the Aptos Foundation as founding members, aiming to help crypto firms navigate EU regulations, particularly the Markets in Crypto Assets regulation. The alliance focuses on improving transparency and fostering blockchain innovation. 
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Canary Capital launches first U.S. HBAR Trust for institutional investors

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