According to Canary’s SEC filing, the proposed HBAR ETF would be listed on Nasdaq, directly holding Hedera’s native token HBAR, and apply a 1.95% annual management fee.
Canary has officially submitted an S-1 registration statement to the U.S. Securities and Exchange Commission for its proposed HBAR ETF. The fund would be listed on Nasdaq and directly hold Hedera’s native asset, HBAR. The filing specifies an annual management fee of 1.95%. This official announcement marks a regulatory step forward for Canary’s efforts to expand crypto ETF offerings.