Canary Funds has launched Canary HBAR Trust, an investment vehicle that provides institutional investors in the United States with access to HBAR, the native digital asset of the Hedera network. The trust aims to pave the way for HBAR exchange-traded funds (ETFs) and will require individual investors to meet certain qualifications. The launch of Canary HBAR Trust is expected to increase HBAR's accessibility to institutional capital and potentially open up more investment opportunities in the digital asset industry. The demand for institutional access to cryptocurrencies has grown following the approval of Bitcoin and Ethereum ETFs by the U.S. Securities and Exchange Commission. Despite the news, the price of HBAR has experienced a decline in the last 24 hours and seven days.



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