The post Canary Capital’s HBAR ETF nears SEC approval appeared on BitcoinEthereumNews.com.

A recent filing by Canary Capital has brought the market one step closer to a key milestone, the potential approval of a spot ETF tracking Hedera Hashgraph’s (HBAR) native token. The submission has fueled optimism among investors and analysts, many of whom believe the U.S. Securities and Exchange Commission (SEC) could finally break its streak of delays and grant long-awaited approval. On Tuesday, Canary Capital filed an amended registration statement for its proposed Canary HBAR ETF with the ticker symbol of HBR and a sponsor’s fee of 0.95%. The firm is also verifying an equivalent Litecoin ETF pending under ticker LTCC, with the same fee structure. These last-minute details, tickers, and sponsor fees are typically the final steps before an ETF receives regulators’ blessing. Bloomberg’s Senior ETF Analyst Eric Balchunas drove that point home in a post on X, where he wrote that “those are the last things to get filled in before go-time.” The 0.95% fee is “pricey compared with Bitcoin ETFs,” says Blockforce Capital founder and crypto asset manager Eric Ervin, but not for newer and more niche products entering the ETF space as a way to gain exposure to cryptos in an already crowded market. The HBAR and Litecoin ETFs are on the 1-yard line, Bloomberg Intelligence’s James Seyffart said, suggesting that a green light will come as soon as the SEC is fully functioning again. This positive new optimism is also backed by HBAR, Solana, and XRP ETFs, which have been listed on the Depository Trust, a technical step that precedes trading approval. The Nasdaq has also filed a Form 19b-4, the regulatory filing form required for the listing and trading of shares of the HBAR ETF once it has been greenlighted. This frenetic blur of activity paints a picture of an ETF that is well…

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Filed under: News - @ October 8, 2025 1:27 am