Core Insights - The crypto market experienced a downturn due to Bitcoin's drop to $108,000, but Hedera's native token HBAR surged by 7% to $0.2094, with a market capitalization of $8.8 billion and a trading volume increase of 8.59% to nearly $800 million [1] - The launch of the Canary HBAR ETF on Nasdaq marked a significant moment for institutional adoption, with $2.2 million in inflows on its second trading day [2][3] - Hedera's architecture is designed for regulatory compliance and enterprise applications, distinguishing it from other projects [3][5] Institutional Interest - Beyond the Canary HBAR ETF, there are 12 additional ETFs referencing Hedera filed by major firms, indicating growing institutional interest [4] - Hedera has surpassed all Layer-1 blockchains except Ethereum in terms of monthly active developers, reflecting its increasing traction among builders [4] Technological Developments - The introduction of Verifiable Governance for AI agents, in collaboration with EQTY Lab, Accenture, and NVIDIA, is another factor driving HBAR's momentum [6] - This system provides tools for encrypted attestations, on-chain governance, and regulatory compliance for government agencies and enterprises [7]

RT CoinDesk Indices (@CoinDeskMarkets)Launch Announcement: @CanaryFunds launches the Canary Litecoin ETF (LTCC) and Canary HBAR ETF (HBR).“This is another landmark moment in what has been a pivotal year for the crypto industry, Canary is incredibly proud to have delivered on our mission to bring registered crypto investment solutions to the broader investment public,” remarks Steven McClurg, CEO andfounder of Canary Capital.Thank you, @CanaryFunds, for trusting @CoinDesk Indices to be your index provider.Le ...