Canary

Coin

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/canary-capital-group-submits-hbar-etf-application" data-wpel-link="internal" rel="noopener noreferrer nofollow">Canary Capital Group Submits HBAR ETF Application</a><br></p>
<p style="text-align: justify">In a significant development for cryptocurrency markets, Canary Capital Group has filed an application for an exchange-traded fund (ETF) centered on Hedera’s native token, HBAR. This marks a pioneering move as it represents the first ETF application for this particular cryptocurrency, reflecting a growing trend in the market following recent political changes.</p>
<h2 style="text-align: justify" id="what-does-this-filing-mean-for-hbar">What Does This Filing Mean for HBAR?</h2>
<p style="text-align: justify">The introduction of an ETF for HBAR suggests a potential expansion in the variety of altcoins available for trading on major exchanges. This could pave the way for further applications in a market that is rapidly gaining traction.</p>
<h2 style="text-align: justify" id="could-sec-leadership-changes-affect-approvals">Could SEC Leadership Changes Affect Approvals?</h2>
<p style="text-align: justify">The upcoming appointment of a new SEC chair, who has been described as favorable to cryptocurrency, raises the possibility of more straightforward approvals for ETF applications. Companies like Canary are seizing this moment, anticipating a positive regulatory shift that may lead to a flurry of new applications.</p>
<p style="text-align: justify"><img fetchpriority="high" decoding="async" class="size-full wp-image-406067 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/11/HBARUSDT_2024-11-12_20-26-37.png" alt="" width="1814" height="836"></p>
<p style="text-align: justify">Following the ETF application, HBAR Coin saw a remarkable price increase of roughly 10%. This surge positions it as a strong contender for further growth alongside other cryptocurrencies like <a href="https://en.bitcoinhaber.net/binance-moves-significant-ripple-tokens" data-wpel-link="internal" rel="noopener noreferrer nofollow">XRP</a>, <a href="https://en.bitcoinhaber.net/solanas-stablecoin-surge-a-new-record-in-transfer-volume" data-wpel-link="internal" rel="noopener noreferrer nofollow">SOL</a>, and <a href="https://en.bitcoinhaber.net/garanti-bbva-integrates-avalanche-c-chain" data-wpel-link="internal" rel="noopener noreferrer nofollow">AVAX</a>, which are also in the midst of filing ETF applications.</p>
<ul>
 <li>Canary Capital Group’s filing signals a potential wave of new altcoin ETFs.</li>
 <li>The anticipated SEC leadership change may simplify the approval process.</li>
 <li>Price movements in HBAR suggest increased interest and optimism in the market.</li>
</ul>
<p style="text-align: justify">The developments in the cryptocurrency ETF landscape hint at a bustling future where more assets become available for trading, potentially reshaping the dynamics of global cryptocurrency markets.</p>
<h5><span style="font-weight:bold;font-size:16px">Continue Reading: </span> <a href="https://en.bitcoinhaber.net/canary-capital-group-submits-hbar-etf-application" data-wpel-link="internal" rel="noopener noreferrer nofollow">Canary Capital Group Submits HBAR ETF Application</a></h5>

Canary Capital Group Submits HBAR ETF Application

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