Canary Capital has filed for a Hedera spot exchange-traded fund with the U.S. Securities and Exchange Commission — marking a first for that type of crypto fund. The fund looks to “provide exposure to the value of the native asset of the Hedera Network,” according to the filing.
HBAR is the native digital asset of the Hedera network, which is a decentralized public network using the Hashgraph consensus algorithm. Hedera facilitates fast and secure transactions globally and is governed by a council made up of prominent companies and organizations.
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