Canary Capital has submitted an official S-1 registration with the U.S. Securities and Exchange Commission (SEC) for an exchange-traded fund focused on Hedera’s HBAR token.
If approved, this would be the first Hedera ETF, providing investors with the opportunity to invest in the value of HBAR.
The filing states that an S-1 registration is the standard process for companies seeking to go public or offer investment products.
Canary Capital’s goal is to list the fund on a public exchange, offering investors a regulated means of accessing the value of HBAR without having to directly acquire or hold the cryptocurrency.
