Canary

Hedera

Spot

<ul class="wp-block-list news-points">
 <li>Hedera’s value surged after Canary Capital’s spot ETF filing boosted investor confidence.</li>
 <li>HBAR’s trading activity spiked, signaling growing market interest and enthusiasm.</li>
 <li>Analysts foresee further gains for HBAR amid optimism surrounding the ETF proposal.</li>
</ul>
Hedera Hashgraph (HBAR) surged 37.67% to $0.1187 after Canary Capital <a href="https://www.sec.gov/Archives/edgar/data/2039458/000199937124014510/hbar_s1-111224.htm" target="_blank" rel="noopener noreferrer nofollow">filed for an HBAR ETF</a> with the SEC. This move signals growing investor interest and confidence in HBAR’s future growth.
With its market capitalization now at $4.47 billion and trading volume up 32.93% to $1.23 billion, HBAR’s performance reflects growing investor interest and confidence.
<h2 class="wp-block-heading" id="h-canary-capital-s-hbar-spot-etf">Canary Capital’s HBAR Spot ETF</h2>
The price surge coincides with Canary Capital’s filing of an S-1 registration statement with the SEC for a Hedera spot ETF. This proposed fund intends to directly hold HBAR without utilizing derivatives, futures, or other financial instruments, providing pure exposure to the cryptocurrency.
According to the filing, the ETF intends to increase the value of HBAR as the native token of the Hedera network.
The application has sparked optimism, with speculation that the current U.S. administration may be more likely to…
The post <a href="https://coinedition.com/hedera-hbar-surges-37-on-canary-capitals-spot-etf-filing/" rel="noopener noreferrer nofollow">Hedera (HBAR) Surges 37% on Canary Capital’s Spot ETF Filing</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Hedera (HBAR) Surges 37% on Canary Capital’s Spot ETF Filing

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