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HBAR steps onto Wall Street: Canary’s Hedera ETF Going Live on Nasdaq Imminently
Yahoo Finance· 2025-10-28 00:04
Core Insights - Hedera's native token HBAR will debut its first US exchange-traded wrapper, the HBAR ETF, on Nasdaq, alongside a Litecoin product from Canary Capital, marking a significant milestone in the crypto market [1][4] - The launch is strategically timed following the SEC's approval of generic listing standards for spot commodity ETPs, which streamlines the approval process for such financial products [3][5] - The HBAR ETF is expected to attract institutional investors who prefer brokerage-account access over direct custody, potentially leading to a shift of capital from offshore ETPs to US wrappers [4][5] Group 1 - The HBAR ETF launch is a response to the SEC's new guidelines that allow for quicker approvals of crypto ETFs, indicating a more favorable regulatory environment for such products [3][4] - Canary Capital's CEO confirmed the launches after completing necessary SEC filings, highlighting the firm's readiness to enter the market [2] - The introduction of the HBAR ETF is seen as a test of market demand for enterprise-oriented Layer 1 exposure, which could influence future capital flows in the crypto space [5][6] Group 2 - The HBAR ETF's structure is designed to maintain tighter net asset value (NAV) discipline compared to earlier crypto products, which may appeal to investors [6] - Hedera's unique Hashgraph consensus and governance model provide a diversification opportunity within the altcoin space, attracting investors looking for alternatives to Ethereum-based projects [6][7] - If the HBAR ETF achieves strong initial liquidity, it may prompt other issuers to file for similar products under the new regulatory framework [7]
Bitcoin ETF 7-Day Inflow Streak Tops $5B, Outpacing September Within a Week
Yahoo Finance· 2025-10-08 14:17
Group 1: Bitcoin ETFs Performance - Over $5 billion has been invested in U.S. spot Bitcoin ETFs in the past week, indicating strong bullish sentiment among investors aiming for a successful "Uptober" rally in 2025 [1][2] - On October 7, 2025, Bitcoin ETFs recorded $875.61 million in daily net inflows, marking a total of over $5.2 billion in inflows for the week, surpassing September's monthly inflow of $4.37 billion by nearly $1 billion [2][4] - U.S. spot Bitcoin ETFs currently hold $164.91 billion in total net assets, which is 6.78% of Bitcoin's market cap [3] Group 2: Ethereum ETFs Performance - Ethereum ETFs have also seen significant inflows, with $420.87 million recorded on October 7, 2025, contributing to a total of just over $1.89 billion in inflows over the past week [6] - October's monthly inflow for Ethereum ETFs stands at $1.22 billion, compared to only $285.74 million in September, although it still lags behind the inflows of August and July [7][8] - U.S. spot Ethereum ETFs hold £30.85 billion in combined net assets, representing 5.67% of Ethereum's market cap [3]