CandleFocus Could ETF Approval Propel Hedera (HBAR) Price To The Moon?
2024-11-16
Author: Content Editor
Canary Capital has filed an application for a primary spot exchange-traded fund (ETF) for Hedera Hashgraph (HBAR) with the U.S. Securities and Exchange Commission. This could be a significant development for Hedera, as it would bring liquidity, awareness, and institutional investment to HBAR. Analysts believe that if the ETF is approved, HBAR could rally and increase in value. The filing comes shortly after Canary Capital launched an HBAR Trust for accredited investors. Market participants are eagerly awaiting updates from the SEC, and HBAR holders are optimistic about the token's future.
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