NASDAQ seeks to obtain SEC approval to tell Canary Hbar Etf

NASDAQ recently presented a 19B-4 model to the US Securities and Exchange Committee (SEC) to list and trade the stock of Canary Hbar ETF.

ETF plans to follow the immediate price of the original encrypted currency of Hedra, HBAR. This step follows the former Canary Capital for the first HBAR USA fund in October 2024 and the subsequent S-1 registration statement to HBAR ETF in November 2024.

Canary Capital Steven McClurg has pointed out the volume of high HEDERA transactions and expansion in the real world as major factors for the founding of the fund.

Nasdak registration It comes like Canary Capital’s Litecoin Etf Store approach SEC statement is possible. According to the Bloomberg analyst, Eric Balunas, the Litcoin’s organizational future appears positive because it was classified as a commodity by CFTC and has not faced SEC legal issues.

The box, listed at the LTCC index, has already appeared on the deposit institution and CooRing Corporation (DTCC), a step towards launch.

Canary Capital develops investment funds traded in other cryptocurrencies, such as XRP and Solana, as well as HBAR and Litecoin. The company has registered at Spot XRP ETF, and SEC accepted the deposit, indicating that it intends to increase investment opportunities in encryption.

In addition, Canary Capital recently Firing Canary Axl Trust, designed for accredited institutions and investors who seek a safe exposure to AXL, the distinctive symbol behind the inter -operating technology of the Axlar Network. This is the first investment product that focuses on Blockchain.

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